Walgreens Acquires I-Trax and Whole Health Management

Drugstore operator Walgreens has acquired I-trax, parent company of CHD Meridian Healthcare, and privately held Whole Health Management, that together operate more than 350 worksite health centers.

The acquired companies’ services include primary and acute care, wellness, pharmacy and disease management services and health and fitness programming.

Combined with Walgreens wholly owned subsidiary and convenient care clinic manager, Take Care Health Systems, they will form the platform for the new Walgreens Health and Wellness division.

Chadds Ford, Pennsylvania-based I-trax/CHD Meridian and Cleveland-based Whole Health will combine to operate under the name, Take Care Employer Healthcare Solutions.

Jeffrey Rein, chairman and CEO of Walgreens, said: “Our official entry into the health care services and wellness space marks a very exciting day for our shareholders, customers and employees. We believe our leadership position in pharmacy, trusted health care brand and goal of 10,000 points of care by 2012 will give us opportunities to meaningfully address the access issues that currently challenge the US health care system.”