VillageMD, which is majority owned by Walgreens, has acquired a 30-location medical group in Connecticut as it continues its rapid expansion around the country.
CEO and Chair Tim Barry called the deal for Starling Physicians a "natural extension" of VillageMD's growth in the Northeast, which includes the recent $8.9 billion acquisition of primary and urgent care company Summit Health. VillageMD had more than 680 practice locations before this move.
"The value-based care delivery model, coupled with our broad multispecialty healthcare platform, will result in improved clinical outcomes for our patients and healthier local communities while lowering the cost of care," said Christopher Russo, MD, a member of the Starling board and chair of its finance committee, in a March 3 news release.
Starling offers primary care and specialties including cardiology, ophthalmology, endocrinology, nephrology and geriatrics.
Terms of the deal, which closed March 1, were not made public.