Becker's Healthcare January 5, 2024
A year after Walgreens-owned VillageMD acquired Summit Health for $8.9 billion, healthcare leaders and analysts told Becker’s the deal presents both partnership and competitive opportunities for health systems.
On the partnership side, Chris Coburn, chief innovation officer of Somerville, Mass.-based Mass General Brigham, pointed to his health system’s recent hospital-at-home collaboration with Best Buy Health as an example.
“It highlights ‘own some elements/partner others’ as a high-quality and capital-efficient model,” he said. “We expect to see the industry leverage such relationships more broadly over the next several years as the business models solidify.”
VillageMD, which Walgreens has a majority ownership stake in, pulled off one of the biggest healthcare deals of 2023 when it said last Jan. 5 that it...
Today's Sponsors
Today's Sponsor