July 9, 2020
It’s a primary care center, a drugstore, and a pharmacy—all under one roof, Forbes reports.
The convergence of sectors within healthcare continued on July 8 with the announcement that Walgreens, the nation’s second-largest pharmacy chain, will open full-service doctor’s offices in up to 700 locations within the next five years in a deal that gives Walgreens a $1 billion equity stake in Chicago-based VillageMD.
Forbes notes that, following a successful trial last year, Walgreens will become the first national pharmacy chain to offer full-service doctor offices co-located at its stores at a large scale—a big step beyond the kiosk-like setups in many Walgreens locations that offer flu shots and some pharmacist consultations.
Rival CVS Health, which owns health insurer Aetna, already has announced plans to expand its HealthHub locations—drugstores that offer more health services and products—by opening 1,500 locations by the end of 2021, according to CNBC.
The Walgreens/VillageMD locations will be staffed by more than 3,600 primary care providers, who will be recruited by VillageMD and also will “uniquely integrate the pharmacist as a critical member of VillageMD’s multi-disciplinary team,” Walgreens said.
The clinics will accept a wide range of health insurance options, offer primary care “across a broad range of physician services,” offer 24/7 care via telehealth and at-home visits—and at least half of the locations will be in medically underserved areas, according to Walgreens.
This rollout follows a trial with five in-store clinics in the Houston area, which produced “very strong results” after opening last November including high patient satisfaction scores, according to Walgreens.
Most of the clinics will be about 3,330 square feet, with some as large as 9,000 square feet.
Research contact: @Forbes