CVS To Build More Than 50 Oak Street Senior Clinics In 2024

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CVS Health plans to build 50 to 60 new Oak Street Health centers for seniors in 2024.

it will be expanding the senior healthcare services of Oak Street to 25 states from 21 by the end of this year. Oak Street, which currently employs about 600 primary care providers and has more than 170 medical centers, will increase the number of health centers by another “50 to 60” in 2024, CVS said.

“By the end of 2023, we expect to have Oak Street clinics in 25 states, up from 21 at the close of the transaction,” Lynch added. “We will also open new Oak Street clinics co-located with CVS Pharmacies this year and have already identified additional locations for 2024. We now expect to build 50-60 clinics next year.”

CVS, which for years now has operated in-store clinics staffed by nurse practitioners and has expanded the number of healthcare services and products within its retail locations by converting certain stores into HealthHUBs continues its push deeper into healthcare.Given CVS Health’s thousands of drugstores and Aetna health plan members who don’t have access to a primary care physician, Lynch sees a huge growth opportunity for Oak Street’s services.

 

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