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Theranos Wellness Centers open in Walgreens stores in Ariz.
November 13th, 2013
PHOENIX – As part of their clinical lab service partnership, Theranos Inc. and Walgreen Co. opened two new Theranos Wellness Centers at Walgreens stores in the Phoenix metropolitan area.
The companies said Wednesday that the openings marks the next step in their planned national rollout of Theranos Wellness Centers and the first expansion of the new laboratory services outside of California.
Through the Theranos Wellness Centers, Phoenix-area consumers can access less invasive and more affordable clinician-directed lab testing from a blood sample as small as a few drops — 1/1,000 the size of a typical blood draw. The micro samples, collected by certified phlebotomists or trained Walgreens technicians, are taken from a tiny fingerstick or traditional methods, eliminating the need for large needles and numerous vials of blood typically required for diagnostic lab testing.
A ribbon-cutting ceremony was held on Wednesday for the opening of the Theranos Wellness Center in the Walgreens store at 6501 E. Greenway Parkway, Scottsdale, Ariz.
"Walgreens and Theranos' partnership can have a real impact on the health and well-being of the people of Phoenix," Phoenix Mayor Greg Stanton said in a statement. "I'm proud that Phoenix was chosen for the first broad implementation of a revolutionary lab testing program that makes diagnosis of illnesses fast, inexpensive and convenient. It reflects the success of our decade long investment in the bioscience and health care industries.”
Theranos test results can be made available to doctors in a matter of hours, enabling fast diagnoses to help make informed treatment choices. The companies said the tests are low-cost — always 50% of Medicare reimbursement rates or less — and are reimbursed by major insurance carriers, Medicare and Medicaid.
Theranos and Walgreens announced their long-term partnership in September, in which they plan to bring Theranos' new lab testing service to Walgreens stores nationwide. The first Theranos Wellness Center opened that month at a Walgreens store in Palo Alto, Calif., where Theranos is based.
"Our goal to bring high quality, affordable lab testing within 5-miles of every home in Phoenix begins today," stated Elizabeth Holmes, founder and chief executive officer of Theranos. "By making it possible to run laboratory tests from a tiny sample, children, elderly and those with chronic conditions or a fear of needles will now be able to partake in a new experience."
Plans call for more Theranos Wellness Centers to be opened at Walgreens stores on an ongoing basis.
"As we work to bring Theranos' lab testing services to more of our stores and communities nationwide, we're excited that Phoenix area residents will be among the first to have this service available in the communities where they live and work," commented Kermit Crawford, Walgreens' president of pharmacy, health and wellness. "Working with Theranos, we're proud to offer a differentiated patient experience through this latest innovation in health care technology. It's another way in which we"re providing comprehensive care as part of our mission to transform community pharmacy."