# Oak Street Health

Oak Street Health is an other based in Chicago, United States.

## Overview

- **Organization type:** other
- **Headquarters:** Chicago, United States
- **Region:** North America
- **Address:** Chicago, IL, United States
- **Founded:** 2012
- **Assets under management:** Undisclosed
- **Website:** www.oakstreethealth.com
- **LinkedIn:** https://www.linkedin.com/company/oak-street-health

## Regulatory record

- **Reports private funds:** No

## About

Oak Street Health specializes in primary care designed for older adults on Medicare. Founded in 2012 and now part of CVS Health, it provides comprehensive preventive care, including personalized wellness plans, integrated health services, and educational and social activities. The organization operates a wide network of primary care locations across the U.S. and accepts Medicare and most Medicare Advantage plans.

## Sectors

- Healthcare Services

## Questions

### Who owns Oak Street Health?

Oak Street Health is a wholly owned subsidiary of CVS Health, which acquired the company in 2023 for approximately $10.6 billion (per CVS Health, 2023). It is no longer publicly traded or independently operated.

### What insurance does Oak Street Health accept?

Oak Street Health accepts Original Medicare Part B, select Medicare Advantage plans, Medicare Supplement (Medigap) plans, and Medicare-Medicaid Plans. The company does not accept private insurance or commercial plans for patients under 65.

### How many patients does Oak Street Health serve?

Oak Street Health does not publicly disclose its exact patient count. As of its acquisition by CVS Health, the company reported serving patients across more than 100 centers in over 25 states.

### Is Oak Street Health the same as a Medicare Advantage plan?

No, Oak Street Health is not an insurance company. It is a primary care provider that contracts with Medicare Advantage plans and Original Medicare to deliver care to patients. The company helps patients navigate their coverage but does not issue insurance policies.

### What conditions does Oak Street Health treat?

Oak Street Health provides comprehensive primary care for older adults, including management of chronic conditions such as diabetes, hypertension, heart disease, and COPD. The company also offers preventive care, wellness plans, and social services.

### Does Oak Street Health provide telehealth services?

Yes, Oak Street Health offers telehealth appointments for seniors. The company's website promotes access to virtual care as part of its integrated service model.

### How does Oak Street Health make money?

Oak Street Health operates on a capitated payment model, receiving a fixed per-member per-month fee from Medicare Advantage plans and Original Medicare. This structure incentivizes keeping patients healthy and reducing expensive hospital and emergency care.

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Last updated: 2026-08-11T15:07:41.444Z

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