CVS Health today announced it expects to complete its acquisition of Signify Health on or around March 29, 2023, subject to the satisfaction or waiver of the remaining customary closing conditions set forth in the merger agreement.
The companies entered into a definitive agreement in September 2022. Under the agreement, CVS Health announced it would acquire Signify Health for $30.50 per share in cash for a total transaction value of approximately $8 billion. Upon completion of the acquisition, Signify Health will continue to operate as a payor-agnostic business as part of CVS Health.
Signify Health is a leader in Health Risk Assessments, value-based care and provider enablement. With a network of more than 10,000 clinicians across all 50 states and a nationwide value-based provider network, combined with its proprietary analytics and technology platforms, Signify Health is improving patient engagement, patient outcomes and care coordination for stakeholders across the healthcare system, CVS Health said in September when the proposed deal was announced.
The company also said that Signify Health’s clinicians and providers could have an even greater impact by engaging with CVS Health’s unique collection of assets and connecting patients to care how and when they need it.
“Signify Health will play a critical role in advancing our healthcare services strategy and gives us a platform to accelerate our growth in value-based care,” said CVS Health President and CEO Karen Lynch. “This acquisition will enhance our connection to consumers in the home and enables providers to better address patient needs as we execute our vision to redefine the healthcare experience. In addition, this combination will strengthen our ability to expand and develop new product offerings in a multi-payer approach.”
Signify Health’s network of clinicians, physicians, nurse practitioners and physician assistants utilize home-based visits to identify a patient’s clinical and social needs and then connect them to appropriate follow-up care and community-based resources for the patient to have a more connected, effective care experience.
Since acquiring Caravan Health in March 2022, Signify Health has expanded its focus on value-based care and population health. Today, Caravan is already a partner to over 170 providers participating in accountable care organizations serving Medicare beneficiaries, focusing on improving the health of underserved communities.
Revlon combines makeup, skin care with Illuminance Skin-Caring Foundation
The worlds of makeup and skin care have collided with Revlon’s newest foundation launch.
The Illuminance Skin-Caring Foundation comes in 28 buildable shades and contains plant-derived squalene, hyaluronic acid and glycerin to hydrate the skin. The ingredients are designed to boost moisture and work to reduce the appearance of fine lines and wrinkles, the brand said.
Designed to protect the skin from signs of aging, the foundation also looks to increase skin elasticity and texture over time and blends in smoothly for a natural and radiant finish that does not settle into fine lines or wrinkles. In addition, the foundation does not contain parabens, phthalates or synthetic fragrances.
Revlon’s Illuminance Skin-Caring Foundation is available for purchase at Walmart.
Con-crēt patented Creatine HCl is a new product entering the sports nutrition category.
"It is more soluble and bioavailable than all other creatine derivatives. Due to Micro-Dosing, Con-crēt provides all the benefits of creatine without the unpleasant side effects. Micro-Dosing is based on your body weight and workout intensity. Your body needs creatine to build muscle, energize your cells and strengthen your immune system. Con-crēt is stackable with any pre-workout supplement," the company said.
Ingredients include patented Creatine HCl; gluten free; no calories, carbs, sugar or artificial colors, flavors or sweetener.
Hershey’s Kisses is calling on chocolate lovers everywhere with its new product launch.
The Milklicious candies, which feature a creamy chocolate milk filling packed into the center of a Hershey’s Kiss, are wrapped in light-blue foils adorned with glasses of milk, the company said.
“Inspired by the special tastes of childhood, Hershey’sKisses Milklicious candies feature a rich and creamy chocolate milk filling that is guaranteed to add a bit of delight to any time of day, and unlock fond memories of drinking chocolate milk for the whole family,” said Katie DeCapria, brand manager at The Hershey Company. “We’re excited to bring Kisses brand fans the chance to enjoy a filled product variation year-round.”
Consumers can find Hershey Kisses’ Milklicious candies in 9-oz. shareable bags at retailers nationwide.
Hims & Hers is launching a new product as part of its Hims portfolio.
The company said the Dandruff Detox shampoo, formulated with doctors' assistance, fights dandruff and supports scalp health.
“Our Hims & Hers customers continue to demand more products that address hair health right at the source. Due to dandruff’s follicle-clogging impact and inflammation, dandruff and hair loss often go hand in hand—and with about half of people facing dandruff at some point in their life, we’re proud to serve customers with this addition to our portfolio,” said Dr. Pat Carroll, chief medical officer at Hims & Hers. “We set out to create an effective dandruff shampoo that helps to remove flakes, itch and scalp irritation. By incorporating avocado oil to strengthen hair strands and a refreshing evergreen mint scent that doesn’t have a medicated fragrance, people can proudly display Dandruff Detox in their shower.”
Featuring a combination of zinc pyrithione to fight flakes and itch; and argan oil to nourish the scalp, the shampoo is vegan, cruelty-free and free of parabens, phthalates, sulfates and dyes, the company said.
Hims Dandruff Detox shampoo is available for purchase online and at such retailers as CVS Pharmacy, Amazon and Revolve.
Maesa's new product launch channels all the fixings of luxury-inspired perfumes.
Fine’ry, available exclusively at Target, is inspired by perfume icons in the industry and features a diverse range of fragrances that offer unique scent experiences, the company said.
Curated by top perfumers, the products feature a formula that is clean, vegan, cruelty-free and free of parabens and phthalates.
“Fine fragrance should be an attainable luxury for everyone,” said Dana Steinfeld, senior vice president of marketing and product development. “We were inspired to democratize the category and open up the world of artisanal fragrances. In collaboration with renowned master perfumers, our team designed sophisticated signature scents that are elegant, minimal, and luxurious from the inside out for a fraction of the cost.”
Featured in the collection is a range of eau de parfums, body mists and a discovery set that retails in price from $14.99 to $27.99.