MedCity News April 8, 2021
VillageMD, a primary care startup that has Walgreens as a big backer, is reportedly planning to go public. The company has plans to open hundreds of co-located primary care clinics at Walgreens pharmacies.
A primary care startup that has Walgreens as a big backer is looking to go public later this year. According to anonymous sources cited by Bloomberg, VillageMD is planning an IPO that could take place in the third quarter and would raise between $500 million and $1 billion. It could value the startup at up to $10 billion, according to the report.
Chicago-based VillageMD was founded in 2013. The company operates free-standing primary care clinics, as well as several clinics that are co-located with Walgreens. It...
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