Fierce Health Payers January 13, 2021
Walgreens is establishing a tech-enabled healthcare startup with the goal of creating a new patient platform that blends physical and digital tools, company leadership said.
Executives with the retail pharmacy chain detailed the tech startup, which is expected to launch in the fourth quarter of the company’s fiscal year, during a talk Wednesday during the annual J.P. Morgan healthcare conference. The decision is part of a larger trend in the pharmacy space of retail chains aiming to expand their digital offerings.
“We see an extremely complex healthcare system in the U.S. where the patients are confused,” said Walgreens Chief Financial Officer James Kehoe on the need for the startup. “Somebody with multiple conditions getting calls from three advisers.”
He added...