Are Retail Companies the Right Fit for Home Health? Remains to Be Seen, Experts Say

Walgreens Boots Alliance recently announced it will acquire its remaining 45% stake in home care company CareCentrix for $392 million. The news follows CVS Health’s plans to acquire Signify Health. While retailers could prove beneficial to home health, it’s too early to tell, experts say, MedCity News reports.

They need three key ingredients to be successful, says Ashraf Shehata, KPMG U.S. national sector leader of healthcare and life sciences. First, they need to be a “convener” between the payer, provider, consumer and manufacturer. Second, they need a solid combination of technology, business design and consumer incentives. Third, home health needs to be part of a suite of other capabilities. Read more.

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