CVS Health is looking to invest $100 million in early stage companies focused on making health care more accessible and affordable.
The fund is geared toward technology-based innovation that can be tied in with CVS Health’s core strategy, which has long aimed to bring health care closer to patients’ homes.
Beyond its work in retail stores, pharmacy chains, pharmacy benefit management and products through insurer Aetna, Rhode Island-based CVS has launched 650 “HealthHUB” centers in retail stores to broaden health care access and launched drug delivery. In Massachusetts, CVS operates 415 CVS pharmacy stores.
Source: Bizjournals
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