Walgreens Boots Alliance (Nasdaq: WBA) plans to invest $970 million in Shields Health Solutions, which aids both hospitals and health systems with specialty pharmacy services. It’s another major move for Walgreens, which is trying to position itself as an all-encompassing health care behemoth prepared for the sector’s near- and long-term trends. The deal, which is […]
Walgreens Boots Alliance
VillageMD has effectively taken a home-based approach to primary care since its inception. That, plus its risk-based model, has made its services especially relevant over the last year. Founded in 2013, the Chicago-based VillageMD, through its subsidiary Village Medical, provides value-based primary care services. It has grown from a primary care practice of 13 physicians […]
Two major retail chains — Walgreens and Walmart (NYSE: WMT) — are expanding their health care reach while increasing their footprints in the home- and community-based care space. Walgreens Boots Alliance (Nasdaq: WBA) — Walgreens’ holding company — and VillageMD announced a five-year plan Wednesday to expand the retailer’s full-service physician services at its stores. […]
In the summer of 2018, the pharmacy retail business of Walgreens Boots Alliance (NYSE: WBA) announced it was forming a unique partnership with insurance company Humana (NYSE: HUM) focused on community-based senior care. Initially, the partnership — operated by Humana subsidiary Partners in Primary Care — launched inside two Walgreens stores in Kansas City, Missouri. […]
Hospital-at-home company raises $10M in Series B funding Medically Home — a Boston-based technology-enabled services company — has raised $10 million in Series B funding. The round was led by Cardinal Health and other investors. Founded in 2017, Medically Home brings hospital-level care into the home, sending clinicians, technology, equipment, medication and supplies directly to […]
Global investment firm KKR and an affiliate of Walgreens Boots Alliance Inc. (Nasdaq: WBA) closed on their $1.32 billion acquisition of home- and community-based care BrightSpring Health Services on Wednesday. BrightSpring — formerly ResCare — merged with pharmacy company PharMerica as part of the deal. While home-focused M&A activity has hit record levels over the […]
BrightSpring adds new clinical, compliance execs BrightSpring Health Services, one of the country’s largest home and community-based health services providers for high-need populations, has hired a new chief clinical officer and a new chief compliance officer. Susan Sender will take the reigns as the company’s chief clinical officer, while Rachael Kurzer Givens has been named […]
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