Walgreens Boots Alliance andVillageMD are expanding their partnership with a $1 billion deal inwhich between 500 to 700 primary care offices will be opened inWalgreens' drug stores over the next five years. After that theplan calls for hundreds more to be built.
The offices, which will belocated in more than 30 US markets. will be staffed by more than3,600 primary care providers recruited by VillageMD. More than 50%will be located in Health Professional Shortage Areas and MedicallyUnderserved Areas/Populations, as designated by the US Departmentof Health and Human Services. There will also be 24/7 careavailable via telehealth and at-home visits.
This nationwide rolloutfollows a trial with five in-store clinics in the Houston, Texasarea, which opened last November.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
