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Wednesday, September 7, 2022

The Daily Money: How the CVS deal to buy Signify Health impacts you

Another big deal in the healthcare space. CVS Health has agreed to buy Signify Health for $8 billion. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
usatoday.com

The Daily Money
 
Wednesday, September 7

Happy Wednesday, Daily Money readers. It's Brett Molina back again with your Hump Day headlines.

If you own an Apple device, today is your day. The tech giant is hosting an event Wednesday from its headquarters in Cupertino, Calif., where they will very likely unveil the next iPhone.

Unless Apple plans a sharp pivot in naming, the new device will be called iPhone 14. There are also reports a new Apple Watch and new AirPods are on the menu. 

Want to keep up with the latest? USA TODAY will have live coverage of Apple's iPhone 14 announcement. Be sure to check out USA TODAY Tech starting at 1 p.m. ET for updates.

Why the CVS deal for Signify Health matters to you

Another big deal in the healthcare space. CVS Health has agreed to buy Signify Health, which uses analytics and technology to pair clinicians with patients for home-based visits, for $8 billion. This follows Amazon's acquisition of primary care group One Medical for $3.9 billion.

So why should you care? Experts believe the deal could not only lower the cost of healthcare, but make it easier for patients to manage or avoid chronic conditions.

📰 More stories you shouldn't miss 📰

Use those gift cards. Survey finds nearly half of Americans have $21 billion in unused gift cards.

Waiting for FedEx? Here's how to find out when your package arrives.

Fly for free. Southwest Airlines Companion Passes are up for grabs under a new promotion.

Student loan relief. Borrowers speak out on new Biden plan.

🍔 Today's Menu 🍔

If you're a fan of the McDonald's breakfast, there's a new choice on the menu: the Cheese Danish. The pastry includes a sweet cream cheese filling, topped with a buttery streusel and light vanilla drizzle. It's available for a limited time starting Sept. 14. Now I'm craving the old school "hotcakes and sausage" with the styrofoam container.

About The Daily Money

Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: How decisions by the Federal Reserve, government and companies impact you.

Follow Brett Molina on Twitter: @brettmolina23.

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