Yahoo Finance September 13, 2023
The healthcare deal aims to help Walgreens grow its community-based primary care services.
Walgreens is expanding further into value-based healthcare by partnering with Pearl Health, a startup technology firm and the retail pharmacy’s latest initiative to grow its community-based primary care services.
Pearl is focused on primary care physicians transitioning away from fee-for-service compensation to value-based payments with the aim of reducing the total cost of care. The tech firm promotes Accountable Care Organization Realizing Equity, Access, and Community Health (ACO REACH), an alternative payment model from the Centers for Medicare and Medicaid (CMS) that encourages doctors to make the transition to value-based payments.
Walgreens said it will provide complementary services to Pearl, including prescription fulfillment, medication adherence, immunizations, care...