Signify Premium Insight: Primary Care Undergoes Retail Therapy
Published: November 14, 2022
The US retail health clinic sector is expanding fast. Billions of dollars are being spent by pharmacy retail giants to offer primary care services to larger swathes of population than ever before. Last week’s news that a company backed by the Walgreens Boots Alliance, VillageMD, would spend $9B on primary care provider Summit Health, is the latest big money move in this arena. So, are primary care providers that operate in the US finally reaching the scale needed to deliver on broader goals to improve patient experiences and reduce total healthcare costs?