Walgreens to Open Clinics in Stores, Expand Primary-Care Pact
- Pharmacy giant plans up to 700 doctors’ offices in stores
- Rivals including CVS have bulked up health-care offerings
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Walgreens Boots Alliance Inc. plans to open as many as 700 doctors’ offices in its drugstores over the next five years and invest $1 billion in primary-care provider VillageMD over the next three, the company said on Wednesday.
The pharmacy plans to start building the clinics later this year, said co-Chief Operating Officer Alex Gourlay, who oversees its U.S. drugstores. The VillageMD partnership began last year with five Village Medical clinics in Houston. Walgreens decided to expand that based on positive feedback and initial results, Gourlay said in a phone interview.