It Takes a Village but Hardly a Doctor

If you haven’t heard:

Walgreens boosts stake in primary-care company VillageMD with a $5.2 billion investment

Yup, $5.2 billion.

Here are the key points to this CNBC article:

  • Walgreens Boots Alliance is becoming the majority owner of VillageMD, as it opens hundreds of doctor offices with the primary-care company.
  • It plans to have at least 600 primary-care clinics in more than 30 U.S. markets by 2025 and 1,000 by 2027.
  • The deal is part of an effort to turn neighborhood drugstores into health-care destinations with doctors who provide care, write prescriptions and draw traffic to the retail locations.

We cannot find anything on their website detailing the ratio of physicians to midlevels. We do know they reported in March how much they are vying for the latter in this article: Healthcare companies vie for advanced practice practitioners.

We doubt whether the true ratio will be disclosed but who here believes this is going to be one big NP/PA run platform with a smidgeon of real doctors? Hands in the air, please. Oh, wait, here is a survey:

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