VillageMD

VillageMD

A developer of primary care clinics. VillageMD provides support services to physicians and to patients outside the office visit with aim of better clinical outcomes and enhanced patient experience.

VillageMD is a developer of primary care clinics. The company provides support services to physicians and to patients outside the office visit with aim of better clinical outcomes and enhanced patient experience.

VillageMD partnered with Walgreens Boot Alliance in Houston. The clinics that it operates have contracts with physicians and are located next to five Walgreens stores in the Houston area. The clinics are planned to open by the end of 2019 and will be called “Village Medical at Walgreens”. VillageMD primary care services are closely tied in with pharmacists, nurses and social workers. The company provides tools, technology, operations and staffing support to physicians.

As of 2019 VillageMD has raised more than $215 million. In a round of funding announced in September 2019, the company raised $100 million. This round of funding was led by investment firm Kinnevik, which invested $75 million. Other investors in the September 2019 round include Oak HC/FT, Town Hall Ventures and Adams Street Partners.

Timeline

December 18, 2020
VillageMD announces it is expanding into Austin, Texas and will open a Village Medical clinic in Austin at 720 W. 34th Street and welcome Dr. Steven Booton's practice.

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
VillageMD funding round, September 2019
100,000,000
September 2019
3 Results
Results per page:
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People

Name
Role
LinkedIn

Anne O’Connor

Employee

Jane Price

Employee

Melissa Barber

Employee

Michelle Houston

Employee

Stephen Porter

Employee

Further reading

Title
Author
Link
Type
Date

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
Shelby Livingston
December 30, 2020
Business Insider
ChenMed, Oak Street Health, VillageMD and other clinics are preparing to give COVID-19 shots to their healthcare workers and patients.
VillageMD
December 18, 2020
www.prnewswire.com:443
/PRNewswire/ -- VillageMD announced today it is expanding into Austin, Texas and will open a Village Medical clinic in Austin at 720 W. 34th Street and welcome...
Rhea Patel
December 4, 2020
Business Insider
Retail clinics like of Walgreens are growing fast and encroaching on traditional practices' business, and they could move on behavioral care next.
VillageMD
December 4, 2020
www.prnewswire.com:443
/PRNewswire/ -- VillageMD announced today, through its subsidiaries and affiliates, it will participate in the U.S. Centers for Medicare and Medicaid Services...
Paige Minemyer
December 2, 2020
FierceHealthcare
Walgreens and VillageMD will open their next 40 primary care clinics by the end of next summer, the latest step toward their goal of opening at least 500 such clinics over the next five years.
VillageMD
November 10, 2020
www.prnewswire.com:443
/PRNewswire/ -- VillageMD announced today it will open more than 10 Village Medical clinics in the Atlanta region, including the first clinic opening at 1805...
Heather Landi
October 19, 2020
FierceHealthcare
Global healthcare funding soared in the third quarter, hitting a new record of $21.8 billion across 1,539 deals. Here are the sectors drawing the most interest from investors.
Tina Reed
October 13, 2020
FierceHealthcare
In the months after Walgreens announced a $1 billion partnership with VillageMD to build hundreds of primary care clinics next to its retail pharmacy stores, there are still only a few locations in Houston. But that will be changing quickly, said Walgreens' co-Chief Operating Officer Alex Gourlay.
Heather Landi
July 8, 2020
FierceHealthcare
Walgreens is expanding its reach into primary care as part of its partnership with VillageMD. The drugstore giant also is investing $1 billion in the primary care provider and will own 30% of the company.
Doug Sundheim
April 23, 2020
Harvard Business Review
Three ways to provide reassurance while acknowledging uncertainty.
Lydia Ramsey
September 12, 2019
Business Insider
Iora Health, ChenMed, and Oak Street Health are part of a crop of disruptors changing how patients get their healthcare.
WellCare Health Plans, Inc.
May 6, 2019
www.prnewswire.com:443
HOUSTON and TAMPA, Fla. and CHICAGO, May 6, 2019 /PRNewswire/ -- WellCare Health Plans, Inc. (NYSE: WCG) and VillageMD, a leading national provider of primary...

References

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