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Tag: walgreens


Also Noted

Walgreens Boots invests $970M in Shields Health Solutions

September 29, 2021HME News Staff

DEERFIELD, Ill. – Walgreens Boots Alliance is making a majority investment in Shields Health Solutions, an integrated, health system-owned specialty pharmacy. The approximately $970 million investment will support the continued growth of Shields’ strategy and build on a minority equity investment that WBA announced in July 2019. “Delivering pharmacy and health care services in the local community is one of many ways WBA is working to improve access and health outcomes, as well as...

Shields Health Solutions, specialty pharmacy, walgreens


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Option Care Health announces stock offering

September 8, 2021HME News Staff

BANNOCKBURN, Ill. – Option Care Health announced that an affiliate of Madison Dearborn Partners, the selling stockholder, has agreed to sell 9.2 million shares of the company’s common stock at $26.90 per share in an underwritten public offering. This sale of shares represents approximately 5.1% of the current shares outstanding. Consistent with the August 2021 secondary offering, Madison Dearborn Partners and Walgreen Co., a wholly owned subsidiary of Walgreens Boots Alliance, Inc., have...

Home Infusion Therapy, Option Care Health, walgreens


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Specialty Providers

Walgreens and CGMs: Providers emphasize billing, service expertise

November 22, 2019Theresa Flaherty, Managing Editor

DEERFIELD, Ill. - Walgreens has made a push into the continuous glucose monitoring market, but HME providers warn that providing diabetes care is a different animal than filling prescriptions.The onerous paperwork, alone, would seem to be a huge obstacle for retail pharmacies, says Tim Cady, president of Carlsbad, Calif.-based Advanced Diabetes Supplies, a large distributor of Dexcom products. “The records that are required and the way you need to interpret the local coverage determination...

Continuous Glucose Monitoring, Diabetes, walgreens


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Walgreens to offer Dexcom G6 to Medicare patients

November 7, 2019HME News Staff

DEERFIELD, Ill. - Walgreens is launching a new billing solution to allow Medicare beneficiaries who use the Dexcom G6 continuous glucose monitoring system to fill their prescription at any of its more than 9,200 retail locations. Currently, the devices are filled through DME suppliers, manufacturers or limited pharmacies. Walgreens is also working with other CGM manufacturers to incorporate their products into the new billing model. “Leveraging Walgreens nationwide footprint and our expertise...

Continuous Glucose Monitors, Dexcom G6, Diabetes, walgreens


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Walgreens eyes AmerisourceBergen

February 23, 2018HME News Staff

DEERFIELD, Ill. - Walgreens Boots Alliance is said to be in early talks to take over Valley Forge, Pa.-based AmerisourceBergen, according to news reports, though “no deal is imminent and there may not be one,” according to the Wall Street Journal. Walgreens already owns a 26% stake in the drug wholesale company. “For Walgreens, buying Amerisource would be an example of so-called vertical integration, in which a company acquires a link in its supply chain, enabling it to keep more...

Amerisource, Merger, Pharmacy, vertical integration, walgreens


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Specialty Providers

Walgreens keeps hand in home infusion

January 30, 2015Theresa Flaherty, Managing Editor

DEERFIELD, Ill. - The sale of its home infusion business to a private equity firm will give Walgreens the chance to double down on the growing market.“Walgreens believes in the home infusion industry,” said Justin Ishbia, founder and managing partner of Shore Capital Partners, a private equity firm that used own a competing home infusion company. “They're not trying to exit it.”Per the deal, announced Jan. 20, Madison Dearborn Partners, a Chicago-based private equity firm,...

Home Infusion, Justin Ishbia, Reg Blackburn, walgreens


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Walgreens to sell infusion biz?

September 24, 2014HME News Staff

DEERFIELD, Ill. - Walgreens is shopping around its infusion services business, according to news reports. On offer, through Bank of America: a controlling stake of just more than 50% in Walgreens Infusion Services—a deal that could value the division at $1.5 billion, reports say. Walgreens became the largest U.S. provider of home infusion services in 2010 when it swapped its long-term care pharmacy business for OmniCare's home infusion business. Earlier this year, rival CVS acquired Coram,...

Home Infusion, M&A, walgreens


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Specialty Providers

BioScrip gets serious about home infusion

June 21, 2013Theresa Flaherty, Managing Editor

ELMSFORD, N.Y. - BioScrip announced last week that it plans to acquire Cincinnati, Ohio-based CarePoint Partners for $223 million.Under the deal, BioScrip will gain approximately 20,500 patients, bringing its total to 100,000, mostly in the eastern half of the country.“With the market as robust as it is right now, they are wise to do an opportunistic transaction,” said Jonathan Sadock, managing partner with Paragon Ventures. “It's a nice price and they have been growing this business.”It's...

BioScrip, Carepoint Partners, DME, HME, HomeChoice Partners, InfuScience, Provident Healthcare Partners, walgreens, Waud Capital Partners


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Walgreens to diagnose and treat

April 9, 2013HME News Staff

DEERFIELD, Ill. - Walgreens recently became the first retail pharmacy to expand its healthcare services to include diagnosing and treating patients for chronic conditions, according to an article from Kaiser Health News. Long the province of physicians, the expansion of services at Walgreens comes amid concerns about shortages of primary care doctors, according to the article. Officials at Walgreen say the company will have nurse practitioners and physician assistants on hand at more than 300...

Kaiser Health News, Pharmacy, walgreens


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E-SP

Medical profession skeptical about Walgreens plan

January 20, 2010Theresa Flaherty, Managing Editor

Well now I'm thoroughly confused. I just read an article about how a new program at Walgreens that would offer face-to-face consulting services for Type 2 diabetes patients is being panned. By the medical profession. Now, I realize there is no love lost among independent pharmacies for Walgreens. But, at the heart of the issue, isn't this sort of service supposed to  help the patients—and save the health care system money? Isn't this sort of service what's supposed to separate the good...

e-SP, Health care reform, Independent Pharmacy, Pharmacy, type 2 diabetes, walgreens


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