Leading drug retailer
) has entered into a clinical care collaboration agreement with
Arizona Priority Care (AzPC) for the purpose of population health
management. Per the deal, Walgreens and AzPC pharmacists and
practitioners will jointly work toward the improvement of patient
care and quality outcomes.
These services will be provided to AzPC Medicare Advantage and
ACO members through select Walgreens pharmacies and Healthcare
Clinics. According to Walgreens, this program will not only open up
access to a bunch of health care services at its select outlets,
but will also help reduce overall healthcare costs.
Walgreens and AzPC have teamed up to bring forth a comprehensive
range of clinical and preventive health services that will extend
clinicians' efforts of providing high-quality population health
services backed by the extensive network of Walgreens pharmacy and
medication management services.
Some of the collaborative services offered to AzPC members will
include medication management schemes like medication therapy
management and adherence programs; health risk assessments and
health testing including cholesterol and blood pressure;
immunizations and patient education and wellness services.
In order to stimulate customer demand amid a challenging
macroeconomic scenario, Walgreens has been undertaking a number of
strategic steps. These include consistent new alignments. Earlier
this month, the company, along with Greater Than AIDS, formed a
coalition with health departments and local AIDS service
organizations across the country to encourage community members to
offer HIV testing.
In Mar 2014, Walgreens tied up with Lebhar-Friedman Publishing
to launch Discover Beauty Within, the first exclusive beauty
publication for mass retailers. The publication is focused on
providing Walgreens and Duane Reade store customers with timely
editorial content and valuable coupons on behalf of the retailers'
merchandising partners. Prior to that, in Jan 2014, Walgreens had
entered into a clinical collaboration agreement with Centura
Health, a leading health care network in the U.S. to provide easier
and wider access to healthcare services.
With the Affordable Care Act bringing millions of newly insured
patients into the health care system, such relationships aim to
help address some of the needs and challenges faced by both
patients and caregivers. These recent endeavors are expected to
create a competitive edge for the company in the fast-growing
pharmacy retailing market, going forward.The stock currently
carries a Zacks Rank #3 (Hold).
Other Stocks to Consider
Investors interested in the broader medical sector can consider
Natus Medical Inc.
). All the three stocks carry a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research?
Today, you can download 7 Best Stocks for the Next 30 Days.
Click to get this free report
ACCURAY INC (ARAY): Free Stock Analysis Report
MASIMO CORP (MASI): Free Stock Analysis Report
WALGREEN CO (WAG): Free Stock Analysis Report
NATUS MEDICAL (BABY): Free Stock Analysis
To read this article on Zacks.com click here.