CVS announced intentions to purchase or invest in a primary-care business before the end of the year, joining a growing number of drugstore chains extending their medical care offerings.
This strategy would augment CVS’s pharmacy medical care offerings. It has created MinuteClinic sites in its stores where customers may obtain vaccines or urgent medical care. It has also recently offered mental health services at certain of its locations.
The firm wishes to expand the hours of its doctor’s offices so that patients can visit as early as 6 a.m., as late as 9 p.m., or on weekends. It also intends to employ basic, streamlined technologies so that clients do not need to complete mounds of paperwork.
Because of the size of its business, CVS has a competitive edge, according to Lynch.
“As CVS locations, we connect with almost 4.8 million clients every day,” Lynch noted, “making us a key community health destination.”
Lynch also noted that traffic at CVS MinuteClinics had climbed by 13% this year, with over 2.8 million patient visits.
Walgreens Boots Alliance, which is cooperating with VillageMD to open hundreds of medical offices, competes with CVS in this area.
