Unbiased Analysis of Today's Healthcare Issues

More growth in Convenience Clinics

Written By: Jason Shafrin - Jul• 25•07

Earlier this month, VentureBeat reported that QuickHealth, a Burlingame, Calf. company that operates walk-in medical clinics, said it has raised an $8.5 million in a second round of financing.  The company’s report states the following:

Take Care Health Systems LLC, an operator of retail clinics predominantly in the Midwest, completed its sale to Walgreen Co. in May for undisclosed terms…CVS Corp. completed the acquisition of MinuteClinic in September 2006 for undisclosed terms….America Online Inc. founder Steve Case, through Revolution Health, has backed InterFit Health Inc.’s RediClinics chain. Wal-Mart Stores Inc. formed an agreement with SmartCare Family Medical Centers in 2006 to include its retail clinics in stores in Colorado, Nevada and Arizona. SmartCare is backed by the Colorado Fund I and individual investors.

It looks like investors see lots of potential for these convenience clinics.

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  1. […] has been written on this site about the growth of convenience clinics (see posts on July 25, April 26, and April 17).  The Economist’s Free exchange blog adds to the discussion […]