What You Should Know:
– CVS Health announced the formation of CVS Health Ventures, a $100M corporate venture capital fund that will focus on companies with the potential for technology-enabled innovation and disruption in digital health care that are anchored in CVS Health’s core strategy.
– CVS Health Ventures will build relationships with early-stage digital health companies via investment as well as by offering expertise and insights from CVS Health’s unique perspective.
– To date, CVS Health has already made more than 20 direct investments through the CVS and Aetna businesses. These investments have delivered consistently strong returns and partnerships. Current investments include Unite Us, LumiraDx, HealthEdge, and Quest Analytics.