The Kroger Co. Executes New Agreement with Express Scripts
Kroger Health, the healthcare division of The Kroger Co. (NYSE: KR), has announced a new agreement with Express Scripts, expanding access to prescription medications and health services at Kroger Family of Pharmacies. The agreement allows Kroger to immediately resume serving Express Scripts' Medicare Part D and Tricare/Department of Defense (DOD) plan customers. Additionally, Express Scripts' commercial and Medicaid clients can add Kroger pharmacies to their networks. This partnership potentially impacts over 100 million people in the United States who are covered under these various plans.
Kroger Health, la divisione sanitaria di The Kroger Co. (NYSE: KR), ha annunciato un nuovo accordo con Express Scripts, ampliando l'accesso ai farmaci e ai servizi sanitari presso le farmacie della Famiglia Kroger. L'accordo consente a Kroger di riprendere immediatamente il servizio per i clienti dei piani di Medicare Parte D e Tricare/Department of Defense (DOD) di Express Scripts. Inoltre, i clienti commerciali e Medicaid di Express Scripts possono aggiungere le farmacie Kroger alle loro reti. Questa partnership potrebbe avere un impatto su oltre 100 milioni di persone negli Stati Uniti coperte da questi vari piani.
Kroger Health, la división de atención médica de The Kroger Co. (NYSE: KR), ha anunciado un nuevo acuerdo con Express Scripts, expandiendo el acceso a medicamentos prescritos y servicios de salud en las farmacias de la Familia Kroger. El acuerdo permite a Kroger reanudar de inmediato el servicio a los clientes de los planes de Medicare Parte D y Tricare/Departamento de Defensa (DOD) de Express Scripts. Además, los clientes comerciales y de Medicaid de Express Scripts pueden agregar las farmacias Kroger a sus redes. Esta asociación impacta potencialmente a más de 100 millones de personas en los Estados Unidos que están cubiertas por estos diversos planes.
Kroger Health, The Kroger Co. (NYSE: KR)의 의료 부서가 Express Scripts와 새로운 계약을 발표하며 Kroger 약국 가족에서 처방약과 건강 서비스에 대한 접근을 확대했습니다. 이번 계약으로 Kroger는 즉시 Express Scripts의 Medicare Part D 및 Tricare/국방부 (DOD) 플랜 고객에게 서비스를 재개할 수 있게 되었습니다. 또한 Express Scripts의 상업 및 Medicaid 고객은 Kroger 약국을 네트워크에 추가할 수 있습니다. 이번 파트너십은 이러한 다양한 플랜에 따라 미국에서 1억 명 이상에게 영향을 미칠 수 있습니다.
Kroger Health, la division santé de The Kroger Co. (NYSE: KR), a annoncé un nouvel accord avec Express Scripts, élargissant l'accès aux médicaments sur ordonnance et aux services de santé dans les pharmacies de la famille Kroger. Cet accord permet à Kroger de reprendre immédiatement le service aux clients des plans Medicare Partie D et Tricare/Department of Defense (DOD) d'Express Scripts. De plus, les clients commerciaux et Medicaid d'Express Scripts peuvent ajouter les pharmacies Kroger à leurs réseaux. Ce partenariat pourrait avoir un impact sur plus de 100 millions de personnes aux États-Unis qui sont couvertes par ces différents plans.
Kroger Health, die Gesundheitsdivision von The Kroger Co. (NYSE: KR), hat eine neue Vereinbarung mit Express Scripts bekannt gegeben, die den Zugang zu verschreibungspflichtigen Medikamenten und Gesundheitsdienstleistungen in den Apotheken der Kroger-Familie erweitert. Die Vereinbarung erlaubt es Kroger, sofort wieder Kunden der Medicare Teil D und Tricare/Department of Defense (DOD) Pläne von Express Scripts zu bedienen. Darüber hinaus können die kommerziellen und Medicaid-Kunden von Express Scripts Kroger-Apotheken in ihr Netzwerk aufnehmen. Diese Partnerschaft könnte über 100 Millionen Menschen in den Vereinigten Staaten betreffen, die durch diese verschiedenen Pläne versichert sind.
- Immediate access to Express Scripts' Medicare Part D and Tricare/DOD customer base
- Potential expansion to commercial and Medicaid networks
- Access to over 100 million potential customers through Express Scripts' network
- Enhanced market presence in pharmacy services sector
- None.
Insights
This landmark agreement between Kroger Health and Express Scripts represents a significant strategic win that substantially expands Kroger's addressable pharmacy market. The immediate inclusion in Express Scripts' Medicare Part D and Tricare/DOD plans networks provides access to a important demographic of stable, prescription-heavy customers. The potential expansion to commercial and Medicaid clients opens doors to a massive market of over 100 million covered lives.
The timing of this agreement is particularly strategic, as it comes amid increasing competition in the pharmacy space from non-traditional players like Amazon Pharmacy and Mark Cuban Cost Plus Drug Company. For Kroger, this partnership strengthens its position in the healthcare sector and could drive significant foot traffic to its stores, potentially boosting front-end retail sales - a classic pharmacy business model advantage.
From a financial perspective, this agreement should positively impact Kroger's pharmacy revenue streams. Medicare Part D customers, in particular, typically maintain higher prescription volumes and demonstrate strong customer loyalty. The Tricare/DOD demographic represents a stable, government-backed revenue stream. When factoring in the potential commercial and Medicaid expansion, this could translate into meaningful revenue growth for Kroger's pharmacy division, which historically has operated on higher margins than its grocery business.
This partnership also reinforces Kroger's strategic positioning as a healthcare destination, aligning with its broader health initiatives and potentially creating synergies with its nutrition and wellness programs. The agreement's structure, allowing for optional inclusion by commercial and Medicaid clients, suggests a thoughtful approach to network expansion that balances growth with operational capacity.
Agreement increases access to convenient, high-quality care for Express Scripts customers
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
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 Kroger
At 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 Health
Kroger 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.
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SOURCE The Kroger Co.
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