Justin Sullivan/Getty Images News
Dollar General Corporation (NYSE:DG) has become the latest retailer to expand into healthcare services after announcing a partnership with DocGo Inc. (NASDAQ:DCGO) to pilot mobile health clinics at three locations in Tennessee.
The new partnership expands the services offered by Dollar General’s (DG) Wellbeing brand to include physicals, routine checkups, vaccinations, screening, lab testing, chronic condition management, and urgent care services.
According to a press release, the companies plan to expand the mobile clinic offering to additional stores depending on consumer feedback.
DG Wellbeing offers various health and wellness products across more than 3.2K Dollar General (DG) locations as of October 2022, and the company expected to widen its network to 4K stores by the year-end.
“We’re excited to pilot new mobile health clinics with services provided by DocGo On-Demand to provide services including annual physicals, acute illness, urgent care needs, vaccinations and lab testing,” Dollar General’s chief medical officer, Albert Wu, said.
“These clinics demonstrate our ability and desire to work with our customers to bring affordable health and wellness closer to home while equally establishing Dollar General as a trusted partner where customers can access health services,” Wu added.
The partnership comes as more and more drugstores and retailers increase their focus on consumer healthcare services.
In November, VillageMD, majority owned by Walgreens (WBA), agreed to acquire the health care provider Summit Health in a transaction worth ~$8.9B, marking the latest deal-making in the primary care space.
Read: Seeking Alpha contributor Creative Capital Ideas with a Buy rating on DocGo (DCGO) notes that healthcare partnerships underpin the company’s growth model.