Advisory Board July 10, 2020
Walgreens Boots Alliance will invest $1 billion in VillageMD to open 500 to 700 clinics and doctors’ offices at Walgreens drug stores across the country—a move that could make the company a “go-to treatment center” for consumers, the Wall Street Journal reports.
Walgreens’ expansion into primary care mirrors the moves of several of its competitors, the Journal reports—such as CVS Health, which is opening 1,500 HealthHub stores to complement its MinuteClinics, and Walmart’s launch of “Walmart Health” centers. However, Walgreens said its new partnership with VillageMD would make it the first national pharmacy chain to add full-service primary care clinics at its stores on a large scale.