Becker's Healthcare April 4, 2019
CVS Health and Walgreens Boots Alliance are pivoting from their normal businesses in an effort to shore up finances and outrun the challenges facing retailers and healthcare organizations nationwide.
America’s two largest pharmacy chains are remodeling hundreds of stores into health-based centers, focused on providing services to treat patients with diabetes, heart disease and hypertension. The overall strategy is to make the retail pharmacies go-to treatment centers for patients managing chronic illnesses.
While CVS and Walgreens have shifted their focus to health and wellness in recent years, there is now a greater urgency to make the switch to bring consumers into their stores, according to The Wall Street Journal.
Both pharmacy chains are under tremendous pressure to counter slowing revenue...
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