CVS Health shifts focus to integration and home-based care deals.

TL;DR Summary
CVS Health announced it will pause its recent acquisition spree to focus on integrating healthcare service provider Signify Health and primary care provider Oak Street Health. The company may look at additional opportunities in technology for home or health services in the longer term. CVS cut its full-year profit forecast to account for transaction and integration costs related to the two deals, and its shares fell 3%. However, the company beat Wall Street estimates for first-quarter profit and revenue as a recovery in medical procedures boosted sales of prescription drugs.
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- CVS Health CEO: We'll Look At More Home-Based Care Deals In The Long-Term Future Home Health Care News
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