CVS to acquire home health care company Signify Health for $8B: What it means for patients

CVS Health on Monday agreed to an $8 billion acquisition of Signify Health, a health care platform that uses analytics and technology to pair clinicians with patients for home-based visits.

The deal should open doors for the pharmacy chain by allowing it to reach customers within their own homes. Direct access could also help reduce patients' long-term health care costs by making it easier for clinicians to intervene early or help manage chronic conditions.