CVS' $8 billion deal for Signify speeds drugstore chain's push into health care

Drugstore operator CVS Health Corp. said Monday that it will buy home-health provider Signify Health for $8 billion.

CVS said Signify has more than 10,000 employees including physicians and nurses, a presence in every state, and offers technology platforms.

"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 health care experience," CVS CEO Karen Lynch said in a statement announcing the deal.

The acquisition would continue CVS' effort to grow from its...