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Walgreens Considering Deal With Arlington, Virginia-Based Evolent Health?

By John F. Heerdink, Jr.

As per reports, Walgreen Boots Alliance (WBA) is considering a deal to acquire Arlington, Virginia-based, Evolent Health Inc., the healthcare group. Evolent has a platform that helps providers like hospitals and doctors manage their costs. It also works on behalf of health insurers and assists to get approvals, cut costs and provide guidance to doctors on optimal ways to treat patients.

A deal with Evolent will help Walgreens to diversify away from the traditional retail pharmacy business by giving exposure to a technology-enabled platform and relationships with commercial insurers and the government. Representatives for Walgreens and Evolent refused to comment on the matter.

Walgreen Boots Alliance (WBA) is a pharmacy-led, health and well-being enterprise with a long history of trusted healthcare services, community pharmacy care, and pharmaceutical wholesaling dates. To learn more about Walgreen Boots Alliance (WBA) and to continue to track its progress please visit the Vista Partners Walgreens Boots Alliance Page.

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Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

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(Read Original Story: Walgreens Said to Weigh Takeover of Evolent Health in Bloomberg)


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