Walgreens Boots Alliance (Nasdaq: WBA) is accelerating its plans to invest in the post-acute care space and in the home. This week, it finalized its acquisition of the health-at-home solutions company CareCentrix. Walgreens initially announced a $330 million investment in CareCentrix in October of 2021. At the time of the deal, Walgreens gained a 55% […]
Last December, I wrote about the “retail giants ready to disrupt home-based care.” Though confident in my hypothesis that these larger companies – CVS Health (NYSE: CVS), Amazon (Nasdaq: AMZN), Walgreens Boots Alliance (Nasdaq: WBA) and Walmart (NYSE: WMT) – were going to enter further into the home-based care space, I was not under the […]
CVS Health (NYSE: CVS) is one of many large corporations that have expressed a desire to revolutionize the “consumer experience” in health care. To do so, the company will continue to try to enhance its health service offerings in three categories: primary care, provider enablement and home health care. CVS Health CEO Karen Lynch reiterated […]
Walgreens Boots Alliance (Nasdaq: WBA) remains committed to its growth strategy, one that includes the continued incorporation of home-based care. The company is focused particularly on tech enablement, an area where it hopes to make an acquisition this year, Walgreens CEO Roz Brewer said during an earnings call Thursday.. However, one plan for accessing more […]
When Walgreens Boots Alliance (Nasdaq: WBA) invested $1 billion into VillageMD, it was largely viewed as a way for Walgreens to enhance its primary care approach, especially in underserved communities. But in July of 2020, on the day the investment was announced, VillageMD CMO Dr. Clive Fields made it known that a large part of […]
Traditions Health announces Serenity Health Management acquisition Traditions Health continues to be acquisitive. The College Station, Texas-based home health and hospice agency announced the acquisition of Serenity Health Management last week, moving it into Kansas for the first time from a home health perspective. Serenity is also a provider of both home health and hospice […]
Walgreens Boots Alliance Inc. (Nasdaq: WBA) is full-speed ahead on “Walgreens Health,” its recently unveiled health care strategy driven by investments in VillageMD, CareCentrix and Shields Health Solutions. And to accelerate its health care push even more and refocus on long-term growth priorities, the holdings firm for pharmacy store giant Walgreens has initiated a strategic […]
As I tried to fall asleep the other night doing the 21st century version of counting sheep – listening to a podcast, of course – I heard an advertisement about home care. The ad was placed on a popular sports show from CVS Health (NYSE: CVS). Among a few other things, it featured the idea […]
Everyone wants to know what Walgreens Boots Alliance’s (Nasdaq: WBA) health care strategy is. Over the past month, it has become increasingly clear. On Oct. 14, the company made another investment in the primary care company VillageMD. The price tag was $5.2 billion for Walgreens, following a $1 billion investment in VillageMD last year as […]
Walgreens Boots Alliance (Nasdaq: WBA), the holdings company for pharmacy store giant Walgreens, announced two major investments in home-based care on Thursday. The investments kick off its new long-term growth strategy. The first is a $5.2 billion investment in VillageMD to advance an already significant partnership that began in 2019. Walgreens is also betting big […]
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