In the last month, a number of reports have provided data points that shed light on what the future holds for senior living. These reports have included an update on the middle market opportunity, a definition of the active adult rental sector, a breakdown of health conditions and spending among residents, a deep-dive into memory […]
Walgreens
September has started with blockbuster health care news that carries major implications for the older adult market — and, by extension, the future of senior living. Giants of retail and insurance are behind the latest headlines: CVS Health — parent company of Aetna — is to acquire Signify Health in a transaction valued at about […]
During the company’s quarterly earnings call on Oct. 15, Walgreens Boots Alliance CEO Rosalind Brewer described her family’s struggle to find and coordinate services for her mother, near the end of her life. With the launch of a new business segment called Walgreens Health, the retail and pharmacy giant aims to address those problems, including […]
Federal health officials are recommending a halt in administering the Johnson & Johnson Covid-19 vaccine as they review a small number of reported cases of a rare and severe type of blood clot. A prolonged pause on the vaccine could affect vaccination efforts in senior living communities, but it’s not clear by how much or […]
With the first doses in the U.S. administered Monday, the senior living industry is close to distributing the Covid-19 vaccine among residents and staff. In fact, senior living residents and staff could start seeing the vaccine delivered to their communities as early as about a week from now, according to Dr. Ruth Link-Gelles, who is […]
Covid-19 vaccines could be coming to long-term care providers across the country at no cost as part of a deal between the U.S. government and two major retailers: Walgreens Boots Alliance (Nasdaq: WBA) and CVS Health (NYSE: CVS). Under the plan — which is dubbed the Pharmacy Partnership for Long-Term Care Program — CVS and […]
Long-term care pharmacy PharMerica intends to merge with BrightSpring Health Services, a large provider of home- and community-based care. The two companies will be under the private equity ownership of KKR, with an affiliate of Walgreens Boots Alliance (Nasdaq: WBA) holding a minority stake, according to an announcement issued Tuesday. Full financial terms of the transaction […]
The Affordable Care Act is shifting the healthcare industry toward a managed care model, and a large part of that is preventive care. In light of that, Walgreens (NYSE:WAG) subsidiary Take Care Health Systems is launching a program for Medicare-eligible seniors to participate in preventive visits and annual wellness visits at clinics across the country […]
Walgreens (NYSE:WAG) and Greystone Healthcare Management, which manages 27 skilled rehab facilities in three states, recently launched a collaborative therapy management pilot program at the Lady Lake Specialty Center in Lady Lake, Fla., aimed at reducing hospital readmission rates for patients in post-acute care settings. Through the program, Walgreens community pharmacists deliver medication and counseling […]
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