VillageMd Coverage - MedCity News https://medcitynews.com/tag/villagemd/ Healthcare technology news, life science current events Tue, 30 Apr 2024 22:31:12 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.3 228111745 Healthcare Moves: A Monthly Summary of Hires and Layoffs https://medcitynews.com/2024/04/healthcare-executive-layoffs-4/ https://medcitynews.com/2024/04/healthcare-executive-layoffs-4/#respond Tue, 30 Apr 2024 22:31:09 +0000 https://medcitynews.com/?p=125895

Here is a selection of recent executive hires, promotions and layoffs occurring across the healthcare industry.

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BCBS Massachusetts Adds 3 Physician Groups To Primary Care Network https://medcitynews.com/2023/05/primary-care-insurance-massachusetts/ Wed, 17 May 2023 22:03:35 +0000 https://medcitynews.com/?p=635044

Blue Cross Blue Shield of Massachusetts has added Eden Health, On Belay Health Solutions and VillageMD to its primary care network. The physician groups will provide both virtual and in-person care to members.

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The Healthcare System Isn’t a System, Health Exec Says https://medcitynews.com/2023/04/the-healthcare-system-isnt-a-system-health-exec-says/ Wed, 19 Apr 2023 22:28:10 +0000 https://medcitynews.com/?p=631851

Patients are struggling to find the right care, and that’s because the healthcare system is fragmented, according to Andrea Walsh, president and CEO of HealthPartners, an integrated healthcare provider and insurance company. Walsh made these comments Wednesday at the HIMSS 2023 conference in Chicago.

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Which Moves Should Providers Watch From Amazon, CVS & Walgreens This Year? https://medcitynews.com/2023/02/which-moves-should-providers-watch-from-amazon-cvs-walgreens-this-year/ Wed, 15 Feb 2023 14:44:08 +0000 https://medcitynews.com/?p=624310

Analysts predict that disruptors could own as much as 30% of the $260 billion primary care market by 2030. A recent report from the American Hospital Association outlines major moves the healthcare industry should be watching this year from disruptors like Amazon, CVS and Walgreens — from billion-dollar acquisitions of primary care companies to expanding clinic locations to efforts in the home care space.

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What Excites and Concerns VillageMD’s CEO About the Future of Healthcare https://medcitynews.com/2023/01/what-excites-and-concerns-villagemds-ceo-about-the-future-of-healthcare/ Sun, 08 Jan 2023 14:30:06 +0000 https://medcitynews.com/?p=619531

Tim Barry, CEO of VillageMD, is encouraged by the shift he’s seeing to value-based care, but is worried that new technologies could create a fragmented system. He made these comments after the value-based company announced Thursday that it completed its $8.9 billion acquisition of Summit Health-City MD.

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Evernorth Exec: Healthcare Access Will Be the Greatest Problem for Consumers and Employers https://medcitynews.com/2022/11/evernorth-exec-healthcare-access-will-be-the-greatest-problem-for-consumers-and-employers/ Thu, 17 Nov 2022 22:41:51 +0000 https://medcitynews.com/?p=613855

To combat this issue, Joan Harvey of Evernorth stressed the importance of an omnichannel care model that leverages both in-person and virtual care. She made these comments at the HLTH conference in Las Vegas.

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Walgreens Expands Presence In Primary Care Through VillageMD’s $8.9B Purchase of Summit Health https://medcitynews.com/2022/11/walgreens-expands-presence-in-primary-care-through-villagemds-8-9b-purchase-of-summit-health/ Tue, 08 Nov 2022 20:50:10 +0000 https://medcitynews.com/?p=612685

The combined organization will have more than 680 provider locations in 26 markets. With CVS Health and Amazon both making major acquisitions, the Summit Health deal was both offensive and defensive for Walgreens, one expert said.

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Walgreens bets all its chips on a new healthcare strategy. Will patients buy in? https://medcitynews.com/2021/11/walgreens-bets-all-its-chips-on-a-new-healthcare-strategy-will-patients-buy-in/ Sun, 21 Nov 2021 14:57:39 +0000 https://medcitynews.com/?p=558305

The company launched a new health division, and has doubled down on its plans to open primary care clinics with VillageMD. It faces big competitors in CVS and Walmart, and it’ll take time to see if its new strategy pays off.

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Walgreens doubles down on VillageMD investment, plans broader health strategy https://medcitynews.com/2021/10/walgreens-doubles-down-on-villagemd-investment-plans-broader-health-strategy/ Thu, 14 Oct 2021 19:58:12 +0000 https://medcitynews.com/?p=554105

Walgreens plans to invest a total of $5.2 billion in VillageMD, up from its original plans to buy a $1 billion stake in the primary care company. It’s part of a broader consumer health strategy Walgreens plans to use to grow its business in the future.

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Walgreens shares next step in primary care plans: 29 more clinics in Texas https://medcitynews.com/2021/07/walgreens-shares-next-step-in-primary-care-plans-29-more-clinics-in-texas/ Mon, 12 Jul 2021 19:38:09 +0000 https://medcitynews.com/?p=539705

As part of a partnership with primary care provider VillageMD, Walgreens plans to open 29 clinics in Texas this year. In total, the companies plan to open at least 600 clinics over the next four years. 

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Report: Walgreens-backed primary care startup planning IPO https://medcitynews.com/2021/04/report-walgreens-backed-primary-care-startup-planning-ipo/ Thu, 08 Apr 2021 18:35:26 +0000 https://medcitynews.com/?p=523988

VillageMD, a primary care startup that has Walgreens as a big backer, is reportedly planning to go public. The company has plans to open hundreds of co-located primary care clinics at Walgreens pharmacies. 

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Walgreens, VillageMD to open 40 clinics by next summer https://medcitynews.com/2020/12/walgreens-villagemd-to-open-40-clinics-by-next-summer/ Tue, 08 Dec 2020 01:00:18 +0000 https://medcitynews.com/?p=506393

The retailer plans to open primary care clinics in Houston, El Paso, Austin, Phoenix and Orlando by next summer as part of its partnership with startup VillageMD.

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Walgreens sees $1.7B net loss, but analysts like its primary care strategy https://medcitynews.com/2020/07/walgreens-sees-1-7b-net-loss-but-analysts-like-its-primary-care-strategy/ Thu, 09 Jul 2020 21:45:01 +0000 https://medcitynews.com/?p=492866

Facing declining retail traffic, particularly overseas, Walgreens posted a net loss of $1.7 billion for the quarter ending on May 31. The company still has a long road ahead, but analysts said they liked its long-term strategy with VillageMD.

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Walgreens resets retail clinics with VillageMD partnership but faces tough competition ahead https://medcitynews.com/2020/07/walgreens-resets-retail-clinics-with-villagemd-partnership-but-faces-tough-competition-ahead/ Wed, 08 Jul 2020 23:53:11 +0000 https://medcitynews.com/?p=492755

Walgreens plan to open hundreds of VillageMD clinics at its stores in the next five years. It would be the first major move by Walgreens to staff its locations with primary care physicians.

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Healthcare startups saw more deals, fewer dollars in 2019 https://medcitynews.com/2020/01/healthcare-startups-saw-more-deals-fewer-dollars-in-2019/ Fri, 24 Jan 2020 22:25:53 +0000 https://medcitynews.com/?p=478118

Healthcare startups saw smaller amounts of investment after a record-breaking 2018, according to a report from Silicon Valley Bank. Despite the dip in funding, 2019 saw more deals overall, led by increased investment into healthcare technology companies.

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Walgreens to launch in-store primary care clinics in partnership with VillageMD https://medcitynews.com/2019/04/walgreens-to-launch-in-store-primary-care-clinics-in-partnership-with-villagemd/ Wed, 10 Apr 2019 19:10:46 +0000 https://medcitynews.com/?p=455195

In partnership with clinic operator VillageMD, Walgreens plans to open five 2,500-square-foot in-store clinics in the Houston area by the end of the year.

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