Does business school teach math anymore?
$5.2 Billion?
“VillageMD plans to open 1000 primary care ‘doctor’ offices by 2027.”
That’s $5.2 million each clinic, right?
Did anyone bother to tell Walgreens that’s a little high?
At that price, my primary care clinic, with 20 amazing providers, would sell for $104 million?
Walgreens, I’ve got a deal for you!
VillageMD… as in M.D.?
America only produces about 1500 “M.D.” family physicians each year, for the last 20+ years.
If it weren’t for D.O.’s and foreign-trained physicians, family doctors would be harder to find than a politician with a sense of humor.
How many of those M.D.’s spent the last 11 years in college, dreaming of the day they could swab throats in the back room of a Walgreens?
As if prior authorization, disempowerment, and arbitrary fee schedules weren’t enough, now dedicated young physicians can look forward to even more layers of corporate ambivalence.
You’re next in line, CVS. We’ve seen you remodeling your storage space.
Primary care is the great “Loss Leader”.
Just ask all the hospitals that made a fortune off “clinical integration”.
The world’s largest pharmacy corporations can’t let Optum have all the fun.
Out with the cotton balls, in with the PCPs. That is, of course, until you find out that you make more money on the cotton balls.
