Walgreens Expands Healthcare Reach With New Partnership

The healthcare deal aims to help Walgreens grow its community-based primary care services.

Three bags of prescriptions in a blue basket
(Image credit: Peter Dazeley, Getty Images)

Walgreens is expanding further into value-based healthcare by partnering with Pearl Health, a startup technology firm and the retail pharmacy’s latest initiative to grow its community-based primary care services.

Pearl is focused on primary care physicians transitioning away from fee-for-service compensation to value-based payments with the aim of reducing the total cost of care. The tech firm promotes Accountable Care Organization Realizing Equity, Access, and Community Health (ACO REACH), an alternative payment model from the Centers for Medicare and Medicaid (CMS) that encourages doctors to make the transition to value-based payments.

Subscribe to Kiplinger’s Personal Finance

Be a smarter, better informed investor.

Save up to 74%

Sign up for Kiplinger’s Free E-Newsletters

Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.

Profit and prosper with the best of expert advice - straight to your e-mail.

Sign up

To continue reading this article
please register for free

This is different from signing in to your print subscription

Why am I seeing this? Find out more here

Joey Solitro

Joey Solitro is a freelance financial journalist at Kiplinger with more than a decade of experience. A longtime equity analyst, Joey has covered a range of industries for media outlets including The Motley Fool, Seeking Alpha, Market Realist, and TipRanks. Joey holds a bachelor's degree in business administration. 

With contributions from