Walgreens Boots Alliance will soon have doctor offices inside of hundreds of its U.S. drugstores. The pharmacy chain said Wednesday it has struck a deal with
VillageMD, which will staff and run the primary-care clinics. The companies said they will open the clinics in 500 to 700 stores in more than 30 U.S. markets over the next five years. Walgreens shares, which are valued at $37 billion, rose about 3% in premarket trading on the news. Since January, the stock has fallen more than 28%. Walgreens will invest $1 billion in equity and convertible debt in VillageMD over the next three years as part of the deal, including a $250 million equity investment completed Wednesday. Most of the money will be used by VillageMD to open the clinics and integrate its technology with Walgreens.
Win for Trump: Supreme Court allows plan for religious limits to Obamacare contraceptive coverage
NBC News reports:
WASHINGTON - The
U.S. Supreme Court on Wednesday cleared the way for the
Trump administration to give the nation's employers more leeway in refusing to provide free birth control for their workers under the
Affordable Care Act. The ruling is a victory for the administration's plan to greatly expand the kinds of employers who can cite religious or moral objections in declining to include contraceptives in their health care plans. Up to 126,000 women nationwide would lose birth control coverage under
President Donald Trump's plan, the government estimated.
Planned Parenthood said nearly nine in 10 women seek contraceptive care of some kind during their lifetimes.
For healthcare executives, navigating the ever-changing regulatory landscape has always been challenging. In the age of COVID-19, those challenges have grown exponentially. In many instances, healthcare leaders have thrown out their existing playbooks and created new ones on the fly to accommodate today's global health crisis.
Dr. Steven G. Ullmann, Chairman of the Department of Health Management and Policy and Director and professor at the Center for Health Management and Policy at the University ofMiami Patti and Allan Herbert Business School, recently conducted a webinar for healthcare executives on the challenges associated with running a healthcare system in the wake of a pandemic.
Dr. Ullmann, who also serves as academic chair of the Executive MBA in Health Management & Policy at Miami Herbert Business School, pointed out that managing healthcare systems is multifaceted in that healthcare executives are dealing with a wide range of stakeholders that include: A diverse and frightened patient population, their families, and healthcare providers, not to mention the emotional and financial impact the disease has on each of those groups.
Cleveland Clinic opens research facility in Florida aimed at cancer, infectious diseases including COVID-19
Tina Reed reports for Fierce Healthcare:
Cleveland Clinic Florida opened a new research and innovation center focused on, among other things, research of infectious diseases such as COVID-19 and the immune system response. The 107,000-square-foot Florida Research and Innovation Center (FRIC) officially opened July 1 in a facility previously occupied by the Vaccine and Gene Therapy Institute. Cleveland Clinic took occupancy of the three-story building last fall. The facility features laboratory space with biosafety and three facilities for work with infectious agents as well as office space for support services.
Florida Research and Innovation Center - Port St. Lucie, FL