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Oak Street Health is a network of value-based primary care centers for adults on Medicare. Founded in 2012, its innovative care model focuses on rebuilding healthcare as it should be, emphasizing quality of care over quantity of services. Oak Street Health centers provide comprehensive primary care services, including preventive care, chronic condition management, and social support services, often in underserved communities. In May 2023, Oak Street Health was acquired by CVS Health, aiming to significantly expand access to its patient-centric model. It operates neighborhood clinics designed to be accessible and welcoming, with a team-based approach to care that includes doctors, nurse practitioners, medical assistants, and care coordinators.
Serves as the central administrative, strategic planning, and operational support center for its nationwide network of primary care clinics.
Located in a modern high-rise office building in Chicago's Loop, offering contemporary workspaces and accessibility to city amenities.
The HQ culture is mission-driven, collaborative, and innovative, focused on supporting the field teams to deliver exceptional patient care. Employees often cite a strong sense of purpose.
The headquarters is crucial for developing and disseminating Oak Street Health's unique care model, managing growth, and integrating with the broader CVS Health organization.
Oak Street Health's operations are currently concentrated within the United States. It operates a network of primary care centers across numerous states, focused on serving Medicare-eligible adults. While its parent company, CVS Health, has a broader reach and some international dealings, Oak Street Health's direct service delivery and physical presence are U.S.-based. Its impact could be considered 'global' in terms of contributing to thought leadership in value-based care models, which are studied and adapted internationally.
30 W. Monroe St., Suite 1200
Chicago
Illinois
USA
Address: 12710 E Jefferson Ave, Detroit, MI 48215 (Example of a clinic location)
To improve health outcomes and reduce healthcare costs for the senior population in Southeast Michigan by delivering accessible, high-quality, value-based care.
Address: 2001 W Lehigh Ave, Philadelphia, PA 19132 (Example of a clinic location)
To expand access to proactive, patient-centered primary care in underserved Philadelphia neighborhoods, contributing to better community health and well-being for seniors.
Address: 3302 N Buckner Blvd, Suite 108, Dallas, TX 75228 (Example of a clinic location)
To serve the growing senior population in the Dallas-Fort Worth metroplex with a differentiated healthcare experience that prioritizes outcomes and patient satisfaction.
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As of April 2025, Oak Street Health' leadership includes:
Oak Street Health has been backed by several prominent investors over the years, including:
The most significant executive event was the acquisition of Oak Street Health by CVS Health, completed in May 2023. This led to the integration of Oak Street Health's leadership into the CVS Health structure, with key figures like CEO Mike Pykosz taking on leadership roles within the combined entity to continue guiding Oak Street Health's mission and expansion.
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Oak Street Health's common email formats typically involve a combination of the employee's first name and last name. Post-acquisition by CVS Health, some communications might also originate from or transition to cvshealth.com domains, but oakstreethealth.com remains active.
[first].[last]@oakstreethealth.com, [first_initial][last]@oakstreethealth.com
Format
jane.doe@oakstreethealth.com
Example
80%
Success rate
CVS Health • May 2, 2023
CVS Health announced it has completed its acquisition of Oak Street Health for $39 per share in an all-cash transaction, representing an enterprise value of approximately $10.6 billion. Oak Street Health will continue to operate as a multi-payor primary care provider as part of CVS Health, focused on delivering superior outcomes and experiences for adults on Medicare....more
Fierce Healthcare • February 8, 2023
CVS Health announced a definitive agreement to acquire Oak Street Health in an all-cash transaction for $10.6 billion. The deal aims to bolster CVS Health's value-based primary care offerings and accelerate its expansion into this critical area of healthcare....more
Oak Street Health Blog / Local News Outlet (example) • November 7, 2023
Oak Street Health announced the opening of new primary care centers in [Specific City/Region], furthering its commitment to providing accessible, high-quality, value-based care to Medicare-eligible adults. These new centers are part of its ongoing national expansion strategy, now under the CVS Health umbrella....more
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