Walgreens, VillageMD entering new market
Walgreens Boots Alliance and VillageMd continue to expand their healthcare partnership.
The two companies plan to open eight primary care and pharmacy locations in the Tucson area in 2022, with the first opening on Feb. 8. The new locations represent expansion into the second major market in Arizona, following Phoenix, and add to the growing number of locations in the state.
VillageMD and Walgreens plan to open more than 200 Village Medical at Walgreens practices by the end of the year. To date, 81 locations already opened across 11 markets in Arizona, Florida, Texas, Kentucky and Indiana.
In October, Walgreens announced it was investing $5.2 billion in VillageMD, increasing its ownership stake in the company from 30% to 63%. The investment will accelerate the opening of more than 600 Village Medical at Walgreens primary care and pharmacy practices in more than 30 U.S. markets by 2025 and 1,000 by 2027. More than half of the locations will be in medically underserved communities.
[Read More: Walgreens Q4 tops estimates; launches new business segment focused on health care]
Through the Walgreens and VillageMD coordinated care model, patients can receive care for chronic health conditions, as well as preventive services and treatment for everyday illnesses and injuries. Physicians and pharmacists collaborate closely to fill prescriptions immediately following medical visits, often at the same location, and ensure patients have ongoing access to support that helps them get and stay healthy.
A trusted, global innovator in retail pharmacy with approximately 13,000 locations across the U.S., Europe and Latin America, WBA plays a critical role in the healthcare ecosystem. The company is reimagining local healthcare and well-being for all as part of its purpose – to create more joyful lives through better health. Through dispensing medicines, improving access to a wide range of health services, providing high quality health and beauty products and offering anytime, anywhere convenience across its digital platforms, WBA is shaping the future of healthcare.