Walgreens set to Take Care
This article was originally published in The Tan Sheet
Executive Summary
Walgreens acquires leading convenient care clinic firm Take Care Health Systems for an undisclosed amount and the new acquisition will operate as a wholly-owned subsidiary of the national retailer, Walgreens announces May 24. Take Care's 51 health care clinics in Chicago, Kansas City, Milwaukee, St. Louis and Pittsburgh will be combined with the drugstore chain's approximately 5,700 pharmacies nationwide setting the stage for future rollout of a variety of patient-focused health care services. "This is going to allow us to offer a suite of health care services going forward being offered by the clinics and the pharmacies," Walgreens told "The Tan Sheet." The companies have aligned key priorities to focus on a national rollout of convenient care clinics and more than 400 clinics are planned by the end of 2008. "Walgreens shares in our mission to provide a health care solution for all individuals, and we are proud to formally join the Walgreens family today," Take Care President and CEO Peter Miller said...