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Walgreens to Invest $1 Billion in Its Primary Care Strategy
Walgreens Boots Alliance, which has long struggled to cement its place in primary care services, plans to invest $1 billion to collocate in 500 to 700 VillageMD stores and, over the next five years, to offer full-service doctors’ offices. More than half of the locations will be in Health Professional Shortage Areas and Medically Underserved Areas/Populations as designated by the Health Resources & Services Administration.
COVID-19 Didn’t Stop Health Care Disruptors from Moving Forward
Amid the COVID-19 pandemic turbulence last year, some of America’s largest companies were forced to reexamine their strategies to disrupt health care in an effort to reduce costs, increase access and forge stronger bonds with consumers. Some, like Amazon, CVS Health, Walgreens Boots Alliance and Walmart, added to the number of their early brick-and-mortar primary care locations to serve their customers or employees.