Walgreens has also started offering more health services in its stores to keep people coming in even though they’re shopping online more. It has already partnered with other companies and added lab testing, urgent care, primary care, and vision and hearing care into some of its locations.
Last month, Walgreens opened its first Aspen Dental location in its Palatka, Florida, store. The companies plan to open a second location during the second quarter.
Adding a dentist office, which offers everything from cleanings to Invisalign to crowns, “ties in nicely” with Walgreens’ strategy, said Walgreens Chief Medical Officer Pat Carroll. It makes dental care more accessible and transparent, he said, since Walgreens has convenient locations and Aspen posts the prices online.
It’s also a way to tap Walgreens’ existing customers: seniors.
Traditional Medicare does not cover most dental procedures, leaving seniors on the hook to pay out of pocket. Aspen posts its prices. More private Medicare plans, known as Medicare Advantage, are starting to offer dental coverage. So with more seniors getting insurance, Walgreens figures it can make it easy for them to find a dentist since they’re already coming into Walgreens’ stores to pick up their prescriptions.
“The demographic is really looking for dental services, as their dentist may retire, they’re looking for more access,” Carroll said. “We’re also looking at a demographic that’s really using Walgreens and the services they need at our stores.”
Source : CNBC