StockNews.AI
KR
StockNews.AI
10 days

The Kroger Co. Executes New Agreement with Express Scripts

1. Kroger Health resumed services for Express Scripts customers' prescriptions. 2. New agreement covers over 100 million people in the U.S. 3. Kroger aims to provide comprehensive healthcare access nationwide. 4. Express Scripts clients can now access Kroger pharmacies. 5. Kroger Health focuses on 'food as medicine' to improve health.

5 mins saved
Full Article

FAQ

Why Bullish?

This agreement enhances Kroger's pharmacy business, similar to past positive healthcare partnerships that increased customer access and sales.

How important is it?

The article directly affects Kroger's pharmacy operations and revenue potential, indicating significant market interest.

Why Long Term?

Expanded service offerings could lead to sustained revenue growth in the healthcare sector, as seen with similar deals in retail healthcare.

Related Companies

Agreement increases access to convenient, high-quality care for Express Scripts customers , /PRNewswire/ -- Kroger Health, the healthcare division of The Kroger Co. (NYSE: KR) and its Family of Pharmacies today announced a new agreement with Express Scripts, the pharmacy benefit services business of Evernorth. The new agreement provides access to prescription medications and health services at the Kroger Family of Pharmacies for Express Scripts customers. "At Kroger Health, we believe everyone should have access to comprehensive healthcare," said Colleen Lindholz, president, Kroger Health. "We look forward to again serving Express Scripts customers. This agreement reaffirms our commitment to bringing high-quality services to more customers across the country." Under the new agreement, the Kroger Family of Pharmacies immediately resumes serving customers who are part of Express Scripts' Medicare Part D plans and Tricare/Department of Defense (DOD) plans. Additionally, Express Scripts commercial and Medicaid clients can add Kroger Family of Pharmacies to their respective networks. Collectively, these plans cover more than 100 million people in the United States. For more information about which services Kroger Family of Pharmacies offer and to learn about which insurance plans they participate in, please visit: https://www.kroger.com/health/pharmacy. About KrogerAt The Kroger Co. (NYSE: KR), we are dedicated to our Purpose: To Feed the Human Spirit™. We are, across our family of companies nearly half a million associates who serve over 11 million customers daily through a seamless digital shopping experience and retail food stores under a variety of banner names, serving America through food inspiration and uplift, and creating #ZeroHungerZeroWaste communities by 2025. To learn more about us, visit our newsroom and investor relations site.  About Kroger HealthKroger Health, the healthcare division of The Kroger Co., is one of America's leading retail healthcare organizations, serving more than 17 million patients annually. Kroger Family of Pharmacies operate more than 2,200 pharmacies across 35 states and The Little Clinic offers telehealth services in nine states and operates more than 220 in-person clinics in eight states. Our team of 24,000 healthcare practitioners, including pharmacists, nurse practitioners, physician assistants, registered dietitians and technicians believe in practicing at the top of our licenses, enabling "food as medicine" to help prevent disease before it starts, and helping people live healthier lives. For more information, visit www.kroger.com/health.  SOURCE The Kroger Co. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

Related News