Walgreens is making a splash in primary care. John Driscoll, head of the company’s healthcare business, tells MarketWatch what to expect in 2023.
America’s retail pharmacies have spent years inching into the business of providing medical care, but a number of billion-dollar deals in 2022 cemented that interest — and with that, the race for market share is on.
In a year with few sizable healthcare deals, it’s a notable set of acquisitions that reveal the changing landscape for how primary care will be delivered in the U.S. in the years to come. According to Forrester Research, retail health clinics are expected to double their share of the primary-care market in 2023. That expansion is only going to build on the sector’s already explosive growth from just 29 clinics in 2006 to an estimated 3,000 today.
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