Walgreens Boots Alliance
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All About Access: The Key Trends In Retailers’ Acquisitions in 2022
Whether it was Amazon’s buy of One Medical or CVS Health’s acquisition of Signify Health, retailers made waves in healthcare this year. Across all of the deals, it’s clear that expanding access to medical services is the key goal, experts said. And this is only the beginning.
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Walgreens Expands Presence In Primary Care Through VillageMD’s $8.9B Purchase of Summit Health
The combined organization will have more than 680 provider locations in 26 markets. With CVS Health and Amazon both making major acquisitions, the Summit Health deal was both offensive and defensive for Walgreens, one expert said.
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Payer’s Place: Dawn Maroney
Dawn Maroney, President, Markets of Alignment Health and CEO of Alignment Health Plan, to discuss how they are using technology to provide better service and care to consumers.
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Are retail companies the right fit for home health? Remains to be seen, experts say
Walgreens Boots Alliance recently announced it will acquire its remaining 45% stake in home care company CareCentrix for $392 million. The news follows CVS Health’s plans to acquire Signify Health. While retailers could prove beneficial to home health, it’s too early to tell, experts said.
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Walgreens buys $970M majority stake in specialty pharmacy company Shields Health
Walgreens bought a 71% stake in Shields Health Solutions, which strikes partnerships with hospitals to run specialty pharmacy programs. Walgreens has the option to buy the remaining equity interests in the future.
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Health Services, Retail Health
Walgreens sees $1.7B net loss, but analysts like its primary care strategy
Facing declining retail traffic, particularly overseas, Walgreens posted a net loss of $1.7 billion for the quarter ending on May 31. The company still has a long road ahead, but analysts said they liked its long-term strategy with VillageMD.
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Walgreens and Microsoft partner on healthcare delivery innovation
The 7-year strategic partnership is meant to combine Microsoft’s AI and cloud infrastructure with Walgreens’ retail footprint and outpatient services to create new tech-enabled ways of accessing and receiving care.
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Walgreens teams up with Alphabet’s Verily to tackle chronic disease
The initial major focus of the partnership will be medication adherence, which costs the U.S. healthcare system nearly $300 billion annually
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Walgreens links up with FedEx for nationwide next-day delivery service
Patients who are signed up for alerts that notify them when their prescription is ready can now choose to have their medication delivered to their doorstep for a $4.99 fee.
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Report: Walgreens and Humana looking to take equity stakes in each other
The two companies are already working together on a pilot program putting senior-focused primary care centers in Walgreens stores located in Kansas City.
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Applying Remote Patient Monitoring to Surgery Prep and Recovery, Oncology and Women’s Health
Join us to learn about the latest trends in remote monitoring and how to extend its benefits beyond chronic conditions to more patients – all while using fewer staff resources.
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Walgreens has nixed the Rite Aid deal and will buy 2,000+ stores instead
The original agreement between Walgreens and Rite Aid is no more. Rather, Walgreens will pay $5.175 billion to purchase 2,186 Rite Aid stores.
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Walgreens tells Theranos not to use California lab
Walgreens has shut down a Theranos Wellness Center in Palo Alto, California, and told the testing company not to send samples to its lab in Newark, California. Arizona operations are mostly unaffected.
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Morning Read: Walgreens buying Rite Aid, $390M Novartis kickback settlement
Also, Novartis has agreed to settle U.S. kickback allegations for $390 million and nearly 200 groups rally to save AHRQ.