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 new Village Medical at Walgreens practices
in Indiana, including in Merrillville, Griffith, Portage, and South
Bend 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 a coordinated care delivery model.
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the full release here:
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Village Medical at Walgreens (Photo:
Business Wire)
“According to the CDC, six in ten Americans live with at least
one chronic condition, with many needing multiple daily
medications,1 emphasizing that the coordinated care model of
Village Medical at Walgreens is now more important than ever,” said
Jamie Vortherms, vice president of healthcare services, Walgreens.
“We’re excited to open these Village Medical at Walgreens locations
in Northern Indiana, bringing convenient access to personalized,
high quality and coordinated care to more people across the
country.”
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.
“We’re excited to open new Village Medical at Walgreens
locations in Northern Indiana. Our teams are led by experienced
primary care physicians who deliver quality, coordinated care with
the Walgreens pharmacy team,” said Brent Asplin, M.D., president of
Village Medical. “As a result, we help deliver improved health
outcomes and affordable care for more patients in Northern Indiana
so they can enjoy being healthy and active members of their
community.”
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 this area, please visit
https://www.villagemedical.com/locations/indiana.
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 12 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 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
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version on businesswire.com: https://www.businesswire.com/news/home/20210723005021/en/
Media Relations Contacts Walgreens PR Contact:
Jessica Masuga jessica.masuga@walgreens.com
VillageMD PR Contact: Molly Lynch
molly@lynchgrouponline.com
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