Wednesday, December 26, 2018

Walgreens, Humana May Expand Their Partnership


Walgreen Co. and Humana Inc. are reportedly in preliminary talks to take equity stakes in one another. This past summer, the two companies unveiled a partnership aimed at providing easier access to primary care and other services for seniors in the Kansas City, Mo., area. As of Aug. 31, 2018, Walgreens owned 9,560 drugstores in total across all 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. With almost 3.3 million Medicare beneficiaries, Humana holds a 17.7% market share in the Medicare Advantage (MA) market nationwide, and it dominates in Mississippi and Louisiana with more than 60% market share.

Walgreens-Humana-May-Expand-Their-Partnership

SOURCES: Walgreen Co., AIS's Directory of Health Plans, https://aishealthdata.com/dhp.

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