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Walgreens partners with a new blood-testing firm

Walgreens partners with a new blood-testing firm

By Brigid Sweeney  |  October 11, 2018

Sixteen months after Walgreens Boots Alliance concluded a disastrous relationship with Theranos, the now-defunct Silicon Valley blood-testing company, the pharmacy giant has linked up with LabCorp, one of the world's largest clinical laboratory operators.

Blood-testing startup Theranos said to be closing

Blood-testing startup Theranos said to be closing

By Associated Press  |  September 05, 2018

The once-heralded blood-testing startup Theranos is shutting down, according to a media report. Theranos was unable to sell itself and is now looking to pay unsecured creditors its remaining cash of about $5 million in the upcoming months.

DMC outpatient pharmacy plan with Walgreens encounters problems

DMC outpatient pharmacy plan with Walgreens encounters problems

By Jay Greene  |  August 20, 2018

When Detroit Medical Center sold its seven hospital outpatient pharmacies to Walgreens earlier this year, DMC pharmacy managers warned that Walgreens at DMC had no contractual relationship with several major insurers for hundreds of DMC patients.

CVS Health goes virtual with telemedicine visits

CVS Health goes virtual with telemedicine visits

By Rachel Z. Arndt  |  August 09, 2018

By launching telehealth visits via its app, CVS Health is playing catch up with Walgreens, which has offered virtual visits for more than three years.

Amazon threat overshadows Walgreens' solid quarter earnings

Amazon threat overshadows Walgreens' solid quarter earnings

By Brigid Sweeney  |  June 28, 2018

Walgreens Boots Alliance on Thursday reported that third-quarter earnings jumped more than 15%. But its stock price fell more than 9% after Amazon announced it's buying PillPack, an online pharmacy that delivers prescriptions.

Walgreens tweaking Rite Aid deal to earn feds' OK

Walgreens tweaking Rite Aid deal to earn feds' OK

By Crain's Chicago Business  |  September 20, 2017

Walgreens Boots Alliance is poised to revise its agreement to buy individual Rite Aid Corp. stores, a move that may be enough to resolve outstanding antitrust concerns and clinch U.S. approval for a deal the companies have been pursuing in different forms for two years.

The rising price of dealmaking

By Brigid Sweeney  |  July 05, 2017

As healthcare companies rush to bulk up via mergers and acquisitions, they're almost always hit with shareholder lawsuits. Now that Walgreens has given up on its efforts to buy rival drugstore chain Rite Aid, it should ready itself for membership in the growing club of defendants.

Walgreens ends yearslong attempt to buy Rite Aid

Walgreens ends yearslong attempt to buy Rite Aid

By Associated Press  |  June 29, 2017

Walgreens has ended its takeover pursuit of rival Rite Aid following resistance from U.S. regulators and will instead now buy stores, distribution centers and inventory in a new deal with the chain.

Piedmont taking over 27 Walgreens clinics in Atlanta

Piedmont taking over 27 Walgreens clinics in Atlanta

By Dave Barkholz  |  February 22, 2017

Piedmont Healthcare has agreed to take over and operate 27 Walgreens in-store clinics in the Atlanta metropolitan area. Piedmont joins systems in other states which have bought or leased retail clinics meant to provide fast, convenient care for patients with minor ailments.

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