Oklahoma is OK with Walgreens

Friday, March 31, 2006

OKLAHOMA CITY - Walgreens Home Care bolstered its clout in Oklahoma in February when it acquired Canadian Valley Medical Solutions, a company co-owned by Jeff Wills, AAHomecare's HME/RT Council chairman.
The Oklahoma City-based company provides IV therapy, respiratory services, rehab and HME.
"It was an opportunistic time to be able to go to the next level with this company," Wills said. With Walgreens' distribution model, economies of scale and other corporate resources, CV is structured to participate in competitive bidding, he said.
Walgreens Home Care has 37 HME locations in nine states. The acquisition demonstrates the company's commitment to home care in the Oklahoma market, said Ron Allen, Walgreens' vice president of Home Care.
"They have a stellar reputation in the marketplace," said Allen. "I was impressed with the way they take care of patients."
Walgreens entered the Oklahoma market in early 2005 when it purchased the respiratory therapy and HME assets of D&T Medical. Wills and his staff will continue to run the day-to-day operations under the CV Medical name, eventually transitioning to the Walgreens brand.