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Walgreens partnership would give Humana more leverage in shifting market

November 21, 2018 / Evan Sweeney

Following a report that Humana and Walgreens are in discussions to take equity stakes in one another, one analyst says the move would allow the insurer to keep pace with surrounding vertical integration. A formal partnership would also dispel any chance of a Walmart takeover, rumored earlier this year. On Tuesday, The Wall Street Journal reported Humana and Walgreens were in preliminary discussions to broaden an existing partnership and take equity stakes in one another, citing sources familiar with the talks. Earlier this year, the two companies announced a partnership to operate senior-focused on-site clinics in Kansas City, Missouri. Discussions between the two companies are still early and wide-ranging, so there's a chance no deal will be finalized.