3 positive news from yesterday in the sector 1. ”CVS Health’s move to acquire Oak Street Health sheds further light on a core and recent trend in health care: large retailers and payers going after two capabilities – primary care and at-home care.”
https://twitter.com/bkthreads/status/1623712087204589568 2. “The president was right to support the workforce needed to care for older adults who choose to remain in their homes as they age, …”
“Let’s get seniors who want to stay in their homes the care they need to do so,” Biden said.
https://twitter.com/bkthreads/status/1623709942103306240 3. Crisis in the Home Care sector? I do not think so...
”Amedisys (AMED) has authorized a stock repurchase program for $100M stock through December 31, 2023.”
This at a valuation above P/E 25.
https://twitter.com/bkthreads/status/1624008854462779395