Inflation is the biggest factor in driving up the average cost of assisted living, with costs for residents increasing by 10% in 2024 from 2023. That’s according to the 2024 Cost of Care Survey conducted by Genworth (NYSE: GNW) and CareScout. The report compiles cost data spanning 383 cities and towns in all 50 states […]
CareScout
CVS Health (NYSE: CVS) on Wednesday announced the company is buying Oak Street Health in a transaction valued at $10.6B. With the deal, CVS is gaining a new value-based primary care service line that connects older adults with primary and preventive care. Oak Street has 169 medical centers across 21 states. “This agreement will accelerate […]