These 8 Deals from 2021 Will Shape the Future of Home-Based Care

With all eyes focused on the home, it’s no exaggeration to say there were dozens of blockbuster in-home care acquisitions last year. But while all transactions directly impact the buyers and sellers, only a handful help shape the trajectory of an entire market. As I started to think about my own home health and home […]

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 […]

‘Back to the Future’: Walgreens Invests $1B in VillageMD to Expand Community-Based Care Services

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. […]

Walgreens Still Bullish on ‘Small But Important’ Senior Care Clinics

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. […]

Humana, Walgreens Rumored to be Considering Equity Stakes in Each Other

Humana (NYSE: HUM) and Walgreens Boots Alliance (NYSE: WBA) are in talks to expand their business relationship, which could include taking equity stakes in each other, according to a report published Tuesday by The Wall Street Journal. The negotiations are in early stages, WSJ reported, citing unnamed sources who are familiar with the matter. Neither […]

Humana Sees Potential Role for Kindred in New Walgreens Initiative

Insurance giant Humana (NYSE: HUM) is rolling out senior-focused primary care clinics in some Walgreens pharmacies and believes that its Kindred at Home division could bring added value. “Does [Walgreens’] combination of brand, geography, familiarity, comfort — does that create a step-change in customers’ willingness to engage with us, whether in the store or virtually?” Humana […]

New Walgreens Platform Connects Customers with Heal, Other Health Care Providers

Walgreens is teaming up with more than a dozen health care providers—including physician house call startup Heal—in launching a new digital marketplace built to connect its online customers with store- and community-based services. Deerfield, Illinois-based Walgreens is one of the nation’s largest drugstore chains and part of the Retail Pharmacy USA Division of Walgreens Boots […]

Walgreens Teams Up With Humana in Senior Care Clinics

Insurance company Humana (NYSE: HUM) is partnering up with pharmacy retail business Walgreens Boots Alliance in a new pilot deal to operate senior-focused primary care clinics. The deal will establish the clinics inside two Walgreens stores in Kansas City, Missouri, operated by Partners in Primary Care, a wholly-owned subsidiary of Humana. The venture could also […]