How Home-Based Care Became Table Stakes For CVS, Walgreens, Amazon

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 […]

Walgreens Boots Alliance Remains Focused On Home, But Faces Near-Term Drags

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 […]

How Walgreens, VillageMD Are Driving Home-Based Care Forward

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 […]

Transactions: Traditions Health Enters Kansas Home Health Market; 24 Hour Home Care Acquires Bright Moon Care

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 […]

VillageMD to Drive ‘Tremendous Long-Term Growth’ for Walgreens Health

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 […]

Retail Giants Ready to Disrupt the Home-Based Care Ecosystem

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 […]

Why Walgreens, VillageMD See the Home as an ‘Increasingly Relevant’ Health Care Vertical

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 Jump-Starts ‘Walgreens Health’ by Investing $5.5 Billion in VillageMD, CareCentrix

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 […]

Walgreens Boots Alliance Invests $970B in Shields to ‘Further Expand Its Health Care Reach in Communities’

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 […]