On the Record · Oak Street Health
Oak Street Health acquisitions, on the record
The businesses Oak Street Health bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Ampersand Health-PA, LLCWord for word“On August 31, 2018, the Company entered into an agreement to purchase certain assets of Ampersand Health-PA, LLC (“Ampersand”) for $13,709 of cash consideration in a transaction accounted for under the acquisition method of accounting pursuant to ASC 805, Business Combinations (“ASC 805).” 10-K for 2020 | agreed acquisition | August 31, 2018 | $13,709 |
RubiconMD Holdings, Inc. ("Rubicon" or "RMD")Word for word“As of October 20, 2021, we acquired RubiconMD Holdings, Inc. (“Rubicon” or “RMD”), a leading technology platform in New York providing access to specialist expertise.” 10-K for 2021 | acquisition | As of October 20, 2021 | — |
RubiconMD Holdings, Inc. ("RMD")Word for word“Total consideration $ 156.6 Cash $ 12.7 Other assets 1.8 Identified intangible assets 8.6 Liabilities assumed 8.1 Net assets $ 15.0 Goodwill $ 141.6 The following is a summary of the preliminary estimate of the finite-lived intangible assets acquired, including useful lives, in connection with the RMD acquisition.” 10-K for 2021 | acquisition | — | — |
RubiconMD Holdings, Inc. ("Rubicon")Word for word“Consideration for the RMD acquisition consisted of (i) $ 134.9 million in cash and (ii) $ 21.7 million in contingent consideration that the Company may be obligated to pay during the fiscal year 2022 or 2023 should the acquired company achieve certain internal volumes in the year following the acquisition.” 10-K for 2021 | acquisition | — | — |
two medical practicesWord for word“The Company additionally acquired two medical practices during the year ended December 31, 2021 for total consideration of $ 2.9 millions.” 10-K for 2021 | acquisition | during the year ended December 31, 2021 | — |
RubiconMD Holdings, Inc.Word for word“• On October 20, 2021, we acquired RubiconMD Holdings, Inc. (“Rubicon” or “RMD”), a leading technology platform in New York providing access to specialist expertise.” 10-K for 2022 | acquisition | On October 20, 2021 | — |
| Fiscal year ended | Goodwill from acquisitions |
|---|---|
| 2021-12-31 | $143.3 million |
| 2022-12-31 | $5.1 million |
Deal filings since 2016
- 2023-05-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-05-02 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2023-04-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-02-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-10-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-03-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-10-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-08-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Oak Street Health’s annual reports (10-K for 2022, 10-K for 2021, 10-K for 2020) and the financial data it files with the SEC, as of 2023-02-28. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.