The telehealth revolution has been in full swing in recent years, and Village Medical Chicago has joined that group. The company has expanded its network of telehealth clinics to more than 80 in nine markets, including Chicago. In the past two years, the number of telehealth visits has doubled, and a number of new locations are planned. Several physicians have also been added. The company aims to provide more primary care services to those with chronic conditions, who can’t always get to a traditional doctor.
In the last year, Village Medical Chicago has opened seven clinics in the city. This growth was fueled by the Walgreens partnership and direct contracting opportunities. The Center for Medicare and Medicaid Services’ Direct Contracting program allows private providers to care for Medicare patients. It estimates it serves more than 56,000 Medicare patients through direct contracting. While the telehealth initiative has been halted by the Biden administration, VillageMD believes that these models will continue to grow.
Since its inception, VillageMD has grown to 15 markets and is responsible for over 1.6 million Medicare patients. The company has grown to serve more than 56,000 Medicare patients. It has also tapped into the direct contracting program of the Center for Medicare and Medicaid Services. Through direct contracting, VillageMD says it is serving more than five6,000 patients each month. Although direct contracting models were temporarily paused by the Obama administration, the company remains bullish on the potential of such models.