Walgreens to supply fast, reasonably priced and needle-free blood exams in all its shops
You may nonetheless consider Walgreens as a nook drugstore chain, however the firm goals to be far more than that. In its quest to grow to be a “healthcare chief,” Walgreens lately teamed up with Silicon Valley startup Theranos, which boasts a brand new and progressive blood testing technique developed by founder Elizabeth Holmes (above). In reality, a Walgreens in Palo Alto began providing blood exams from inside its premises earlier this yr, adopted by over 20 shops in Phoenix. Now, the corporate has introduced that it plans to make this in-retailer blood check out there in all its eight,200 places — a transfer that has big implications, as Theranos’ checks are less expensive, faster to do and much more environment friendly than its extra conventional counterparts.
Holmes, who dropped out of Stanford at 19 years previous to construct Theranos, devised a strategy to carry out as much as 70 totally different blood exams utilizing simply 25 to 50 microliters of blood. The startup critically wants so little blood from sufferers, that each one it takes to attract a pattern is an almost painless fingerprick. Plus, the minuscule vial it makes use of to maintain blood in is known as a “nanotainer,” which you’ll be able to (barely) see within the picture above. Even higher, the corporate has vowed to maintain its costs (that are absolutely displayed on its web site) under 50 % of Medicare’s reimbursement price for every process. With Theranos testing kits accessible in each Walgreens, individuals can simply stroll in, get their finger pricked, get outcomes to their docs inside hours and save a ton of cash within the course of.
Walgreens hasn’t revealed a timeline for this enlargement but, however seeing as the corporate needs to be referred to as a pacesetter in healthcare inside 5 years’ time, the rollout will probably begin quickly. Aside from its partnership with the startup, Walgreens can also be engaged on a cloud-based mostly EHR (digital healthcare report) containing all clients’ information that may be accessed throughout shops, amongst different tasks.
PS: Holmes is fairly secretive relating to Theranos’ testing course of, however you hear her speak concerning the firm under.