Walgreens and VillageMD have tested their primary care model by opening five in-store clinics in the Houston area in November. (Photo: Ken Wolter/Shutterstock)
There will soon be a doctor in the house at Walgreens.
The pharmacy chain has struck a deal with VillageMD to have primary care clinics in 500 to 700 of its stores over the next five years, CNBC reports. As part of the deal, Walgreens will invest $1 billion in equity and convertible debt in VillageMD over the next three years, including a just-completed $250 million equity investment.
Recommended For You
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Richard Binder
Richard Binder, based in New York, is part of the social media team at ALM. He is also a 2014 recipient of the ASPBE Award for Excellence in the Humorous/Fun Department.
