Walgreens Doubles Down on Primary Care: What ASCs Need to Know

VillageMD, a company majority owned by Walgreens Boots Alliance, acquired Dallas Internal Medicine and Geriatrics Specialists just weeks after finalizing a $8.9 billion acquisition. 

As compiled by Becker’s, here are five things ASCs need to know regarding recent Walgreens-related moves and related trends:

VillageMD, in which Walgreens bought a majority stake in 2021 for $5.2 billion, has been expanding its primary care footprint across the U.S. and now has 680 locations in 26 markets.

Value-based care provider VillageMD said Dallas Internal Medicine and Geriatrics Specialists’ three physician founders and advanced practice provider will stay on board following the acquisition.

VillageMD completed its acquisition of physician practice group Summit Health on Jan. 3 in a transaction worth roughly $8.9 billion. The combination of Summit Health-CityMD and VillageMD created one of the largest independent provider groups in the country. Read more.

Total
0
Shares
Related Posts
Read More

A Private-Equity Primer for Health Care Organizations

Health care costs, which account for about 20% of U.S. gross domestic production, are a major force in driving innovation in the field. And increasingly, provider organizations are exploring innovation investing as part of their strategy to transform operations, the American Hospital Association reports.