By JESSICA DaMASSA, WTF HEALTH “Next-gen” healthcare might just be getting its start in primary care. So says Crossover Health’s CEO, Scott Shreeve, who laughingly channels Justin Timberlake and says he’s “bringing sexy back” to it too. With Walmart launching its own Healthcare Super Centers,… Read More »Crossover Health: The Amazon Deal, Primary Care & The Rise of the ‘Health Activist’ Employer
Walmart caught the healthcare industry’s attention when it began opening primary care centers across Georgia, Florida and Illinois. But without its leader, will the effort still be able to keep its momentum?
– Healthcare Growth Partners’ (HGP) summary of Health IT/digital health mergers & acquisition (M&A) activity, and public company performance during the month of July 2020. While a pandemic ravages the country, technology valuations are soaring. The Nasdaq hit an all-time high during the month of… Read More »Analysis: July Health IT M&A Activity; Public Company Performance
On Episode 136 of Health in 2 Point 00, Jess has 15 new deals to talk about (and its only been a day since the last episode!). Jess asks me about CityBlock getting $54M for their Series B round to provide primary care services to… Read More »Health in 2 Point 00, Episode 136 | Telepharmacy, a Mega-Merger, & DoorDash’s Deal with Walgreens
Today on Episode 134 of Health in 2 Point 00, Jess and I cover Livongo’s stock price swinging, Brian Dolan’s PPP “Black List” for Health Tech Startups, and Oak Street Health & GoHealth filing their S-1’s. We also get Matthew’s take on Walgreen’s deal with… Read More »Health in 2 Point 00, Episode 134 | Health Tech’s “PPP Blacklist”, Walgreens and VillageMD, & more
Facing declining retail traffic, particularly overseas, Walgreens posted a net loss of $1.7 billion for the quarter ending on May 31. The company still has a long road ahead, but analysts said they liked its long-term strategy with VillageMD.
Walgreens plan to open hundreds of VillageMD clinics at its stores in the next five years. It would be the first major move by Walgreens to staff its locations with primary care physicians.
– Walgreens will invest $1 billion in equity and convertible debt in VillageMD to open 500 physician-led primary care clinics in more than 30 U.S. markets in the next five years. – VillageMD and Walgreens also recently announced the availability of Village Medical telehealth providers… Read More »Walgreens to Invest $1B in VillageMD to Open 500 to 700 Full-Service Doctor Offices
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… Read More »‘Back to the Future’: Walgreens Invests $1B in VillageMD to Expand Community-Based Care Services