Becker's Healthcare November 7, 2022
Retail giants like CVS, Amazon and Walgreens are knocking down the door of the healthcare and primary care space with multibillion-dollar acquisitions adding healthcare organizations to their offerings.
Walgreens is the latest company to make waves through its acquisitions. Primary care disruptor VillageMD, which is majority-owned by Walgreens, acquired physician practice group Summit Health for $8.9 billion.
In a recent earnings call, Walgreens CEO Roz Brewer outlined her strategy, saying the company plans to move “swiftly to implement our vision of consumer-centric tech-enabled healthcare solutions that improve outcomes and lower costs for patients, providers and payers.”
Walgreens is just the latest company to take a crack at disrupting primary care.
Amazon made waves with its plans to acquire primary...