Walgreens Boots Alliance has teamed up with Verily, the life sciences unit of Google parent company Alphabet. The two companies will focus on improving outcomes for patients with chronic conditions, CNBC reported.
The partnership will deploy Verily’s technology at Walgreens’ pharmacies and specifically focus on medication adherence, an issue that costs the healthcare system about $100 billion to $289 billion annually.
The partnership may help Walgreens connect more technology to its growing healthcare services and could signal a move to fend off competitors like CVS Health, which recently acquired health insurance provider Aetna, and Amazon, which has continued to step into the pharmacy and healthcare space.
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Amy joined TriMed Media as a Senior Writer for HealthExec after covering home care for three years. When not writing about all things healthcare, she fulfills her lifelong dream of becoming a pirate by sailing in regattas and enjoying rum. Fun fact: she sailed 333 miles across Lake Michigan in the Chicago Yacht Club "Race to Mackinac."