Marketplace®

Daily business news and economic stories

Walgreens, CVS hope for big earnings from Obamacare

Walgreens and CVS both announce earnings this week. Company results will reflect the run-up to Obamacare.

Got pink eye? Acne?  Need to shed a few pounds? Your local Walgreens and CVS want to take care of you in one of their on-site clinics.

“And those are proving to be very popular and have got some really big traction going on them,” says J.B. Silvers, a health care economist.  He says under the new health care law, insurance companies are going to push more patients toward retail clinics, to cut down on charges from hospitals and doctor’s offices.

Reid Blackwelder, president-elect of the American Academy of Family Physicians, says Walgreens and CVS shouldn’t start counting their money just yet. “Emergency rooms and retail clinics should not be routine and regular sources of care. He says patient care can becomes more fragmented when retail clinics take on a bigger role,” he says.

“Unfortunately a lot of what’s being suggested now is not in the mindset of a patient-centered coordinated care approach,” says Blackwelder.

But Silvers says with the shortage of primary care doctors, and the push toward more preventive care, the clinics are likely to keep expanding.

Related Topics

Latest Episodes

View All Shows
  • Marketplace Tech
    23 minutes ago
    7:09
  • Marketplace
    13 hours ago
    26:16
  • Make Me Smart
    17 hours ago
    15:45
  • Marketplace Morning Report
    20 hours ago
    6:33
  • Million Bazillion
    2 days ago
    28:24
  • How We Survive
    6 days ago
    25:04
  • This Is Uncomfortable
    6 days ago
    26:12
  • Financially Inclined
    3 months ago
    12:30
  • The Uncertain Hour
    4 months ago
    22:50
  • Corner Office from Marketplace
    5 years ago
    20:58