Latest news with #OakStreetHealth
Yahoo
7 days ago
- Business
- Yahoo
CVS opens new center offering primary care, pharmacy in one building
(WJET/WFXP)– CVS has opened the doors to a new first-of-its-kind center for Erie, allowing seniors to make the trip to their primary care doctor and pick up their prescriptions in one spot, the company announced Tuesday. The new Erie center, located at 1535 West 26th Street, has a full-service pharmacy alongside an Oak Street Health primary care center for Medicare-eligible adults in a move CVS said will help address patient care gaps. Pet owners will soon be able to honor pets at new Rainbow Bridge Memorial Garden Additionally, the center offers social activities in their community room for older adults and free rides to appointments to eligible patients courtesy of Oak Street Health. The full pharmacy will remain open to the public, offering prescription filling, vaccinations, and other pharmacy services to anyone who uses CVS Pharmacy. Tickets now available Erie Zoo's centennial Mane Event 'With the integration of Oak Street Health, we look forward to working as part of a patient's broader care team, collaborating with Oak Street Health providers to help patients manage their medications, identify potential ways to save on prescription costs, and provide recommended vaccinations and adherence support,' said Himaswetha Bharatha, PharmD, Pharmacy Manager, CVS Pharmacy. Similar centers have also been opened in Harrisburg and Norristown, Pennsylvania. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
23-05-2025
- Business
- Yahoo
CVS names new president of Oak Street Health
This story was originally published on Healthcare Dive. To receive daily news and insights, subscribe to our free daily Healthcare Dive newsletter. Name: Creagh Milford Previous title: President of Retail Health, CVS New title: President of Oak Street Health, a CVS subsidiary Milford is taking the reins at Oak Street Health effective immediately, according to a LinkedIn post from the executive. He's replacing Brian Clem, who has served as Oak Street president since 2019 and remained in the role through the company's acquisition by CVS. Clem is stepping down to spend more time with his family, according to a CVS spokesperson. CVS bought Oak Street, a multi-state chain of doctor-staffed medical clinics for seniors, in 2023 for $10.6 billion as the healthcare giant looked to expand its healthcare delivery capabilities. Since then, CVS has invested heavily in Oak Street and worked to integrate the business with its other divisions, including by nudging members of its Aetna health insurance products into Oak Street sites for care. Though CVS does not disclose whether the division is profitable, Oak Street has seen notable membership growth, with total at-risk members increasing by more than one-third year over year in the first quarter, according to executives. However, Oak Street is facing similar challenges as other value-based businesses, especially given that Oak Street specializes in contracting with Medicare plans to manage healthcare for their patients. Seniors, especially those in privatized Medicare Advantage plans, are using more medical care, and reimbursement shelled out by the federal government has yet to catch up. If the disconnect continues, that could lower CVS' operating income for 2025. 'While very immature, we have seen some signs of pressure in first quarter medical cost trends at Oak Street Health, which we will continue to monitor closely over the next several months as they continue to develop,' CVS CFO Tom Cowhey told investors on an earnings call earlier this month. Milford, who was trained as an internal medicine physician, first joined CVS in 2021 to oversee the company's virtual care portfolio before working his way up the ranks to president of retail health. In that role, the executive managed a number of CVS' healthcare delivery plays, including its MinuteClinic facilities and mental health and virtual care assets, according to Milford's LinkedIn. Milford is staying on as interim president of retail health for the near future, he said on the social media platform. Both Oak Street and CVS' retail health arm are under the company's healthcare delivery business, which is led by Sreekanth Chaguturu after its previous leader, Oak Street co-founder Mike Pykosz, left in November. Recommended Reading Oak Street Health co-founder departs CVS Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24-02-2025
- Health
- Yahoo
Black female physician in Dallas advocates for access and diversity
Dr. Amanda Mohammed-Strait's passion for medicine started at a young age. "At around 9 years old, I decided I wanted to be a physician," she said. International trips opened her eyes to global health disparities, and mission work showed her the need both internationally and right here at home. "Making healthcare more accessible to those who need it is the most important thing in healthcare for all. Everyone should be able to have access to basic, equitable healthcare," she said. For the past four years, she has worked at Oak Street Health's Pleasant Grove Clinic in southeast Dallas. "We purposefully open in underserved areas," Mohammed-Strait said. "You could tell patients were so relieved we were here. It was a sigh of relief, like, 'oh wow, someone cares.'" At Oak Street, Mohammed-Strait finds meaning in serving a community that looks like her, building trust with patients who are often hesitant to seek care. "I feel like it stems from historical racism in our country," she said. "Unfortunately, that has caused preventative care to fall through the cracks. People don't like going to the doctor, and they don't feel heard." Building relationships with her patients is a priority for Mohammed-Strait, who believes representation in medicine is key to improving patient care. According to the Association of American Medical Colleges, she is one of fewer than 3% of Black female physicians in the U.S. "It shouldn't be a term that's a unicorn. It should be something anyone can achieve," she said. As part of Black History Month, Mohammed-Strait hopes to inspire others by showing that it's possible to forge your own path in medicine and make healthcare more inclusive—one patient at a time. Holocaust survivors on bearing witness Behind the scenes of "Survivor" Season 48 Gallery owner Larry Gagosian on the art world's "blood sport"


CBS News
22-02-2025
- Health
- CBS News
Black female physician in Dallas advocates for access and diversity in honor of Black History Month
Local News Dr. Amanda Mohammed-Strait's passion for medicine started at a young age. "At around 9 years old, I decided I wanted to be a physician," she said. International trips opened her eyes to global health disparities, and mission work showed her the need both internationally and right here at home. "Making healthcare more accessible to those who need it is the most important thing in healthcare for all. Everyone should be able to have access to basic, equitable healthcare," she said. For the past four years, she has worked at Oak Street Health's Pleasant Grove Clinic in southeast Dallas. "We purposefully open in underserved areas," Mohammed-Strait said. "You could tell patients were so relieved we were here. It was a sigh of relief, like, 'oh wow, someone cares.'" At Oak Street, Mohammed-Strait finds meaning in serving a community that looks like her, building trust with patients who are often hesitant to seek care. "I feel like it stems from historical racism in our country," she said. "Unfortunately, that has caused preventative care to fall through the cracks. People don't like going to the doctor, and they don't feel heard." Building relationships with her patients is a priority for Mohammed-Strait, who believes representation in medicine is key to improving patient care. According to the Association of American Medical Colleges, she is one of fewer than 3% of Black female physicians in the U.S. "It shouldn't be a term that's a unicorn. It should be something anyone can achieve," she said. As part of Black History Month, Mohammed-Strait hopes to inspire others by showing that it's possible to forge your own path in medicine and make healthcare more inclusive—one patient at a time.