Strategic partnership on track to open at least
600 primary care practices in more than 30 U.S. markets over next
four years
Walgreens Boots Alliance (Nasdaq: WBA) and VillageMD today
announced plans to open 29 new Village Medical at Walgreens
practices in Houston, Austin and El Paso this year. The strategic
partnership is on track to meet its overall goal of opening at
least 600 Village Medical at Walgreens in more than 30 U.S. markets
over the next four years, with the intent to build hundreds more
thereafter. The expansion is part of the $1 billion accelerated
investment effort announced in January 2021 to deliver high-quality
healthcare to patients, with Village Medical primary care
physicians and Walgreens pharmacy services through an integrated
care delivery model.
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the full release here:
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Village Medical at Walgreens practice.
(Photo: Business Wire)
“This strategic partnership between Walgreens and VillageMD
demonstrates our continuing commitment to the care and well-being
of our patients, and we’re excited to expand our primary care and
pharmacy service offerings in Texas,” said Jamie Vortherms, vice
president of healthcare services, Walgreens. “With the opening of
these Village Medical at Walgreens locations, we’re providing
convenient access to personalized, high quality and coordinated
care.”
By leveraging the physician and pharmacist under one roof,
patients benefit from improved health outcomes and lowered cost of
care. These benefits help patients take the right medication and
the right doses at the right time, removing the barriers to
accessing primary care and pharmacy by having it all in one
place.
In Austin, El Paso and Houston, there are more than 825,000
patients within five miles of a new or planned Village Medical at
Walgreens who are over 65 years old, which further underscores the
need for quality, accessible healthcare.1
“With Village Medical primary care services and Walgreens
pharmacy services delivered through an integrated care model, we’re
facilitating regular and direct communication with patients,
helping deliver improved health outcomes and affordable care,” said
Clive Fields, M.D., co-founder and chief medical officer,
VillageMD. “We’re pleased to expand these offerings in Texas so
residents can manage their chronic conditions and focus on being
healthy, active members of their community.”
Additionally, the companies have expanded their coordinated care
model to allow Village Medical patients to access the same type of
pharmacy services—including between-visit refills, medication
substitutions, and comprehensive consultations—from select
Walgreens sites that do not have a collocated Village Medical. This
program has launched at all collocations and is launching at nine
non-collocations in the Houston and Phoenix areas. With Walgreens
being able to digitally access information from Village Medical,
patients can receive the same type of coordinated care as they
would at collocations, including saving time on prescription
refills, navigating insurance coverage, finding less expensive
medication alternatives and managing co-pay costs.
The COVID-19 pandemic highlighted numerous barriers to accessing
care, including the various difficulties patients face when
navigating an already complex healthcare environment. The care
offered by the Village Medical at Walgreens integrated model is now
more important than ever, especially for patients with chronic
conditions. Six in ten Americans live with at least one chronic
condition, with many needing multiple daily medications.2 In Texas,
chronic diseases continue to make up the top three causes of death,
emphasizing the importance of this streamlined approach for
patients to receive coordinated, cost-effective and convenient
healthcare.3
Village Medical at Walgreens locations accept a wide range of
health insurance options, offering cost-effective and comprehensive
primary care and coordinated pharmacy services to meet the full
continuum of healthcare needs. Patients may access care and support
through in-person, at-home and telehealth visits.
To learn more about the Village Medical at Walgreens services
and locations in Texas, please visit
https://www.villagemedical.com/locations/texas.
For more information as well as multimedia assets, please visit
the Walgreens Newsroom.
About Walgreens Boots Alliance
Walgreens Boots Alliance (Nasdaq: WBA) is a global leader in
retail pharmacy, impacting millions of lives every day through
dispensing medicines, and providing accessible, high-quality care.
With more than 170 years of trusted healthcare heritage and
innovation in community pharmacy, the company is meeting customers’
and patients’ needs through its convenient retail locations,
digital platforms and health and beauty products.
Including equity method investments, WBA has a presence in more
than 25 countries, employs more than 450,000 people and has more
than 21,000 stores.
WBA’s purpose is to help people across the world lead healthier
and happier lives. The company is proud of its contributions to
healthy communities, a healthy planet, an inclusive workplace and a
sustainable marketplace. WBA is a participant of the United Nations
Global Compact and adheres to its principles-based approach to
responsible business.
WBA is included in FORTUNE’s 2021 list of the World’s Most
Admired Companies*. This is the 28th consecutive year that WBA or
its predecessor company, Walgreen Co., has been named to the
list.
More company information is available at
www.walgreensbootsalliance.com.
*© 2021, Fortune Media IP Limited. Used under license.
About VillageMD
VillageMD, through its subsidiary Village Medical, is a leading,
national provider of value-based primary care services. VillageMD
partners with physicians to provide the tools, technology,
operations, staffing support and industry relationships to deliver
high-quality clinical care and better patient outcomes, while
reducing the total cost of care. The Village Medical brand provides
primary care for patients at traditional free-standing clinics,
Village Medical at Walgreens clinics, at home and via virtual
visits. VillageMD and Village Medical have grown to 15 markets and
are responsible for more than 1.6 million patients. VillageMD is
also the largest participating sponsor of CMS’ new Direct
Contracting program and estimates it serves more than 56,000
patients. To learn more, please visit www.villageMD.com.
(WBA-GEN)
Cautionary Note Regarding Forward-Looking Statements. All
statements in this release that are not historical are
forward-looking statements made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements are not guarantees of future
performance and involve risks, assumptions and uncertainties,
including, but not limited to, those related to the timing and
effectiveness of collaboration plans and implementation, the
ability to realize the anticipated benefits of the strategic
partnership, competitive actions in the marketplace, and the
ability to achieve anticipated financial and operating results in
the amounts and at the times anticipated, as well as those
described in Item 1A (Risk Factors) of Walgreens Boots Alliance,
Inc.’s Form 10-K for its fiscal year ending August 31, 2019 and
Form 10-Q for its fiscal quarter ending February 29, 2020, and in
other documents that Walgreens Boots Alliance, Inc. files or
furnishes with the Securities and Exchange Commission. Should one
or more of these risks or uncertainties materialize, or should
underlying assumptions prove incorrect, actual results may vary
materially. These forward-looking statements speak only as of the
date they are made. Each of Walgreens Boots Alliance, Inc.,
Walgreens and VillageMD do not undertake, and expressly disclaim,
any duty or obligation to update publicly any forward-looking
statement after the date of this release, whether as a result of
new information, future events, changes in assumptions or
otherwise.
1 Village Medical internal data.2 About chronic diseases.
Centers for Disease Control and Prevention (CDC).
https://www.cdc.gov/chronicdisease/index.htm#:~:text=Six%20in%20ten%20Americans%20live%20with%20at%20least,also%20a%20leading%20driver%20of%20health%20care%20costs
3 Stats of the State of Texas. CDC.
https://www.cdc.gov/nchs/pressroom/states/texas/texas.htm
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210708005282/en/
Walgreens PR Contact: Jessica Masuga
jessica.masuga@walgreens.com
VillageMD PR Contact: Molly Lynch
molly@lynchgrouponline.com
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