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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