Industry Pulse: April 2010

CINCINNATI, Ohio – For quite some time, people involved in healthcare and healthcare real estate have been hearing that retail medical clinics will someday have a huge impact on the industry. One of the up-and-coming retail medical clinic companies of recent years has been Brentwood, Tenn.-based Little Clinic, which has expanded rapidly since being formed in 2003. At its peak, the company had 147 retail clinic locations. Recently, however, the owner of Little Clinic, Cincinnati-based supermarket giant Kroger Co. (NYSE: KR), has been rolling back its presence. In fact, Kroger, which acquired the retail clinic chain in 2008 from New York-based Solera Capital for $86 million, recently closed 20 locations nationwide. Is this is an indication that the retail medical clinic model might not have as much impact as once perceived? Not so,

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