Walgreens expands in primary care with Starling Physicians acquisition
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Pharmacy operator Walgreens (NASDAQ:WBA) continues to make further inroads into primary care as its majority owned VillageMD unit announced on Friday the acquisition of Starling Physicians, a multispecialty medical group operating over 30 locations in Connecticut.
In addition to primary care, Starling Physicians offers a range of services, covering cardiology, ophthalmology, endocrinology, nephrology, and senior care.
âStarling shares our vision of being a physician-led model and they provide care in a compassionate and exceptional way to all the patients they serve,â remarked Tim Barry, VillageMDâs chairman and chief executive officer.
âThis is a natural extension of our growth in the Northeast, including our recent acquisition of Summit Health-CityMD,â he added. The financial terms of the transaction were not disclosed.
The acquisition comes weeks after VillageMD finalized a ~$8.9B deal in January to acquire Summit Health which operates the urgent care clinic chain CityMD.

Seeking Alpha contributor Bashar Issa argued in August that Walgreens (WBA) is aggressively spending on primary care at the expense of its balance sheet health.