VillageMD, a primary care provider backed by Walgreens, announced Monday it had signed a definitive agreement to buy Summit Health, a multispecialty medical practice and parent company of urgent care provider CityMD.
The deal is valued at $8.9 billion and includes investments from Walgreens Boots Alliance and Evernorth, the health services subsidiary of insurer Cigna.
The acquisition marks...
During an earnings call Thursday, Walgreens Boots Alliance CEO Roz Brewer said the pharmacy retail giant plans to acquire a tech asset as it boosts its ambitions in healthcare.
"We're making important strides and consistent progress in building our next growth engine, the U.S. healthcare segment," Brewer said on the call.
Brewer said Walgreens' healthcare strategy is "coming to life" and is far...
VillageMD, a tech-backed value-based care provider, announced its plans to buy chronic care management company Healthy Interactions.
Healthy Interactions will bring with it both in-person and virtual care models. Its services include small group sessions and a digital engagement platform aimed at supporting patients before and after a session. The virtual platform allows patients to track their...
Tech-enabled, value-based primary care provider VillageMD is looking to public markets, according a Bloomberg report. The Walgreens-backed company uses a team-based model to provide care for patients.
Teams include pharmacists, lab techs, behavioral health counselors, nurses, physicians and other care givers.
The company has a hybrid approach to care that includes in-person clinics, virtual care ...
Austin, Texas-based virtual and on-demand care provider Remedy announced Dr. Ronald Dixon as its chief medical officer. Dixon, formerly the head of clinical affairs at Onduo and the president and CEO of Onduo Professionals (its provider staffing group), is expected to draw on his experience to help Remedy build out its virtual chronic care treatment services.
“Dr. Dixon’s experience in developing...
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