Novant Health’s Oct. 1 announcement that it will open retail health clinics in several Walgreens pharmacies in North Carolina comes amid a stream of retailers taking on healthcare.
The 15-hospital system, headquartered in Winston-Salem, said the
retail clinics will be staffed with Novant Health physician assistants
and nurse practitioners who will treat common illnesses and injuries and
offer chronic care follow-ups. Walgreens also will acquire nine Novant
Health retail pharmacies.
Here, Pam Oliver, MD, president of Novant Health Physician Network,
and Cedric Terrell, senior vice president of pharmacy for Novant Health,
discuss the Walgreens partnership as well as the potential effects of
other major retailers such as Walmart and Amazon moving into the
healthcare space.
Editor’s note: Responses were lightly edited for length and clarity.
Question: What prompted Novant Health to consider the Walgreens partnership?
Pam Oliver: This partnership with Walgreens is
really about our commitment to making healthcare more convenient,
accessible, affordable for not only our patients but also for our team
members. The retail healthcare clinic collaboration is also about giving
patients options about how they can get healthcare [and] stay well,
depending on what their needs are. From a global perspective, this
collaboration will allow us to quickly scale our patient access for and
to high-quality cost-effective pharmacy services and clinical care. It
aligns with our overall growth strategy and how we are thinking through
developing our clinics in the future to not be just the traditional
bricks-and-mortar strategy.
Q: What are the primary goals behind the partnership?
PO: Access points to improve our attachment to and
capture of patients and consumers within our market. We also hope it
will help us deliver on our population health objective, and for
pharmacy, to enhance our speed to value for pharmacy and services. This
is a way that can be both cost-efficient and scalable.
Q: What is the timeline for the partnership?
PO: Walgreens will assume ownership of all Novant
Health nonspecialty retail and mail-order pharmacies within the next 60
days. Our specialty pharmacy will continue to be operated by Novant
Health. We expect that the first retail clinics will be online and
seeing patients in the first half of 2020.
Q: How do you think efforts by major retailers like
Walgreens, Walmart and Amazon will ramp up the demand for healthcare
talent?
PO: I think for anyone working in healthcare, these
new models and collaborations may offer just more choice. We continue to
see, and as news has shown, shortages of primary care physicians,
nurses and many others that are needed to support our healthcare system.
And we know as others enter [healthcare], we will compete for talent.
There is more choice on the side of the providers. We have a large
medical group, so we think we have a competitive advantage because of
the resources we have committed to addressing burnout and making this
the most attractive place to work. The team member experience has been
part of our mission, vision and values consistently as we gauge how our
team members feel about being employed or working as part of Novant
Health. We see they also value being part of the system and validate we
are committed to having an inclusive team. I think we are positioned
well in the competition for talent, but there will be more competition
as people have more options that didn’t exist previously.
Cedric Terrell: At Novant we moved to
residency-trained pharmacists about two years ago. You had to be
residency-trained or have at least about two to three years of
experience in a particular area for the new hires. Also, with our
workforce development with our [pharmacy] technicians, we set a tier
process so our technicians could take on more of the operational or
dispensary roles as our pharmacists move closer to the patient
touchpoints. Whether they’re prescribing or they’re making interventions
at Novant Health, what I see is more specialization of that, and so as
we bring on new team members, we continue to develop them in more of the
specialty and subspecialty space. And then probably on a broader scale
externally to Novant, you’re going to see the same thing as the
workforce changes with these new care delivery models.
Q: Which major corporations do you think will be next to offer their own healthcare?
PO: I think it’s important to acknowledge that every
major employer is looking for ways to have more affordable and
accessible healthcare for their team members. And healthcare
organizations are looking beyond traditional mergers and acquisitions to
gain new services and skills for our patients’ needs both now and in
the future. Partnerships aren’t a market differentiator anymore. It’s
been more of the norm. Walmart [and] Amazon are entering into what we
would consider nontraditional partnerships. We see great potential in
collaborating with companies that would traditionally be seen as
competitors because we think that is the model to drive high quality and
more efficient care. And we also think that it’s a way to produce
savings on the healthcare side that will help us to reinvest in our
communities and in our public health efforts in our communities. I don’t
have a healthcare corporation in mind as the next, but I do think that
is the norm.
CT: That’s hard to call. As you look at it, the
major players are the ones to be focused on as the disruption [in
healthcare] continues. The point of the matter is to bring services
closer to consumers’, customers’ and patients’ home[s]. As we continue
to look at ways to do that, you’re going to have the digitalization of
therapy as well as digitization of pharmaceuticals. That’s truly a new
approach to management of a patient population. I think the major
players is now the norm, but with that is going to be some refinement,
and probably some new goals, that develop.
https://www.beckershospitalreview.com/pharmacy/novant-health-leaders-talk-walgreens-partnership-goals-for-2020.html
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