Healthcare DIVE February 22, 2024
The closures fully exit VillageMD from one of its largest markets, and one that’s often a key target for value-based primary care chains.
Dive Brief:
- Walgreens is planning to close its remaining VillageMD clinics in Florida as the beleaguered retail giant continues to cut costs.
- VillageMD operated 52 clinics in Florida, but 14 have closed to date. The remainder will shutter by March 15, according to multiple news reports citing Walgreens. The closures fully exit VillageMD from Florida, one of its largest markets and a key target for value-based primary care chains given the state’s large population of elderly patients with chronic health needs.
- Walgreens did not share details of what’s driving the closures. But analysts say Walgreens may...