Medical Economics March 21, 2024
Move is the latest in a series of exits from four states
After a much ballyhooed entry into primary care via its majority-owned VillageMD subsidiary, Walgreens Boots Alliance is exiting another state, this time Rhode Island.
Arches Medical Partners, a Boston-based medical group management company, announced that is has acquired all the primary care practices in Rhode Island previously owned by VillageMD. As a result of the purchase, Arches takes over management of eight offices and three urgent care centers in the state, which employ 50 primary care physicians serving about 75,000 patients.
VillageMD previously closed 50 Florida locations, exiting that market, after closing six in Illinois and 12 in Indiana, marking the company’s exit from those markets earlier this...
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