CVS Drives Retail Clinic Growth As Obamacare Launches

A new report on the retailhealth clinic market shows CVS/Caremark Corp. (CVS) clearly driving the growth of retail health clinics across the country as pharmacy and grocery store chains prepare to offer newly insured patients medical care in 2014.

Retail health clinics are generally staffed by advanced degreed nurses known as nurse practitioners who treat routine maladies like strep throat or pink eye. These clinics are largely run by retailers with pharmacies such as CVS, Walgreens (WAG), Wal-Mart (WMT) and Target TGT +1.13% (TGT) as well as some grocers like Kroger KR +1.4% (KR).

Merchant Medicine, a Minneapolis based firm that tracks the retail clinic and urgent care space, said the number of retail clinics grew by 19, or nearly two percent to 1,574 as of December 1 from 1,555 on November 1 of this year. This growth was completely driven by CVS, which added 19 clinics in the month, opening in several states, particularly the booming northern Virginia suburbs around Washington.

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Concierge Medicine Journal (CMJ) curates breaking concierge medicine news, and editorial opinion on a wide variety of topics relevant to the practice of Concierge Medicine.

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