Kroger Makes Significant Investment in The Little Clinic
CINCINNATI and NASHVILLE, Tenn., May 29 /PRNewswire-FirstCall/ -- The Kroger Co. (NYSE: KR) and The Little Clinic LLC today announced a partnership aimed at bringing walk-in medical clinics and consumer health solutions to stores across the country. Kroger has made a significant investment in The Little Clinic that will support a substantial clinic rollout. Financial terms of the investment were not disclosed. The Little Clinic currently operates 26 walk-in medical clinics inside Kroger's family of stores.
Molly F. Ashby, founder and CEO of Solera Capital, and Chairman of The Little Clinic, said: "We welcome Kroger as a shareholder and partner in building a leader in consumer healthcare. We share a commitment to deliver innovative, quality, affordable healthcare to consumers across the country." Solera Capital is a private equity firm that acquired The Little Clinic's predecessor in 2005.
Donald Becker, Executive Vice President of Merchandising for Kroger, said: "More and more, our customers are becoming proactive about managing their health and wellness. Millions of customers already rely on the professional expert counsel our Pharmacists provide. Our partnership with The Little Clinic is one more way Kroger makes it easy for customers to take advantage of healthcare options inside our family of stores."
The Little Clinic locations are staffed with licensed and Board
Certified Advanced Registered Nurse Practitioners (ARNPs) and Certified
Physician Assistants. They are authorized to diagnose, treat and write
prescriptions for common illnesses such as flu, bronchitis, respiratory,
sinus and ear infections, as well as for minor injuries. The clinics als
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