湖南恒康大药房连锁有限公司

据相关人士透露信息，高济健康（原为“高济医疗”）确定将上市，公司预期估值为400亿-500亿。01高济健康即将上市预期估值近500亿今年年初，36氪引用外媒消息报道称，国内头部连锁药店企业高济医疗计划最快下半年在香港IPO上市。10月24日，根据“医疗人物”消息，接近高济医疗方面的人士透露，高济医疗和券商提出的预期估值为400-500亿元区间。据悉，高济医疗成立于2017年，是高瓴资本旗下的药品零售平台，目前已升级为“高济健康”，年营收已突破200亿元，拥有60多个药店子品牌，1万多家连锁门店，分布在全国20多个省份300个地级市，每天客流近200万人次。另外，高济健康现拥有超10000名执业药师，8000多位慢病管理专员，结合了互联网医院的几万名专科和全科医生等。早在2018年，高济健康通过“闪电战”式收购，迅速成为国内第一家“门店破万”的药店企业。高济健康之所以并购进程如此神速，主要得益于公司背后雄厚的资本实力，相比同行出价高出不少。高济健康如此操作，也“刺激”到了其他药店巨头，在这些“头部玩家”的推动下，线下药店行业也迎来收购狂潮，甚至当时业内还盛传起“卖药不如卖药店”的段子。2019年之后，高济健康加强内部优化整合，涉及供应链、品牌、系统、财务等多个方面。现在，高济健康业务围绕“医+药+健康管理”，覆盖全产业链生态，实现了从健康检测、疾病预防、慢病管理、患者教育、药事服务、全科医生服务等一站式疾病和健康管理方案，以及打造了“线上+线下”一体化、“药品+诊疗”相结合、“O2O+B2C”全覆盖的全生命周期健康管理服务。值得注意的是，高济健康今年打破“常规”，开始出现在药店榜单中，与益丰、老百姓、大参林、一心堂一起并列在头部位置。02今年，多家药店准备上市梳理发现，除了高济健康外，今年曝出准备上市的药店企业不在少数。今年9月，药店经理人通过企查查查询到，海王星辰所属企业（山东海王星辰医药连锁集团股份有限公司）开始进行上市辅导备案。需要补充的是，海王星辰早在2007年11月就登陆了美股市场，是第一家成功在美股上市的中国连锁药店。据了解，海王星辰为“中国药店10强”企业，成立于1996年，目前拥有4000多家门店，配有8000多名专业药师，分布在全国70多个一、二线城市，年销售规模超百亿。今年5月，全国百强药店恒康大药房发布公告称，公司更换了上市辅导机构，再次进入上市辅导期，准备在北交所申请公开发行股票。官方信息显示，恒康大药房是恒康医药集团核心企业，成立于2004年11月，2017年8月挂牌新三板，注册资本5560万元，主要业务为药品批发和零售，是全国医药零售行业百强企业，湖南永州、广西桂林为其主要市场。而恒康医药集团成立于2001年10月，是一家集药材种植、饮片生产、药品批发、零售、电商及中医医疗于一体的大型医药集团企业，拥有员工2000余人。今年2月，国家知名私募基金CVC资本宣布完成收购西安怡康医药。需要一提的是，西安怡康医药从2017年就开始启动上市计划，在2022年陕西公布的省级上市后备企业名单里，怡康医药位列其中。今年1月，德生堂递交招股书，计划在港交所主板上市。据悉，德生堂旗下门店1047家（其中931家为自营门店），主要市场集中在甘肃省，在2021年甘肃省线下药品零售营收方面，德生堂排名第一。招股书显示，德生堂是中国领先的健康管理及健康解决方案提供商，专门从事药品医疗服务，具备中西医诊疗和药事能力，拥有线下零售、O2O零售、B2C零售三大核心业务，产品涵盖处方药及非处方药、中药饮片、医疗器械、保健产品以及其他产品，SKU数量超20000个。值得关注的是，多家药店准备上市，一方面是由于行业竞争激烈，生存发展压力大；另一方面则与资本环境有关。今年以来，美元货币一直处于加息阶段，全球资本流动性收紧，对实体企业的融资渠道、融资成本影响不小，可能导致企业资金链紧张，并促使大型企业加快上市步伐，以缓冲相关资金风险。END作者 | 苏宇来源 | 药店经理人赛柏蓝药械交流55群扫描下方二维码，进入赛柏蓝药械交流群

Crossover Health, as the name implies, offers a hybrid model of medical care that includes health services that can be accessed virtually as well as clinics. Aetna has tapped tech-enabled primary care group Crossover Health to provide access to primary care—both in-person and virtual doctor visits—to Seattle-area employers and their workers. The new hybrid care model is integrated into a health plan and aims to tackle the rising access issues and costs of healthcare with a fixed fee, value-based payment model, executives said. This new plan benefit, called Aetna Advanced Primary Health, will be available effective January 1. The pilot program, initially available to self-insured employers and plan sponsors with more than 51 employees, will offer care at two Seattle metro Crossover Health Centers. Aetna and Crossover plan to eventually expand the Advanced Primary Health model to other markets, executives told Fierce Healthcare. The Seattle pilot represents the type of innovation the market is demanding in the commercial insurance industry, Catherine Gaffigan, M.D., president of Aetna’s Northwest-Mountain Market said in an exclusive interview about the partnership with Crossover. “This is a relationship that’s value-based, first and foremost, with a focus on removing barriers to accessing healthcare,” she said. Aetna was interested in partnering with Crossover Health as the company's care model goes beyond traditional primary care to encompass mental health, physical therapy and chiropractic services. she noted. Under the fixed-fee payment model, Crossover will be responsible for the total cost of care, Gaffigan said.  The partnership also addresses cost issues with zero cost share for the health plan members. “Aetna is excited to bring something innovative like this to the market and it’s innovative in different ways to other value-based care arrangements. It’s the next step in that innovation,” Gaffigan said. “We’re also addressing the cost issue from the member perspective through a zero-dollar benefit and that’s extremely important as we figure out how to enable our members to engage in this healthcare system. Crossover also delivers an extraordinary consumer experience.” The collaboration with health insurance giant Aetna enables Crossover Health to “go deep” with a health plan partner, Scott Shreeve, M.D., Crossover Health founder and CEO, said in an interview. “Aetna brings expertise and a lot of different capabilities and assets to this partnership such as data intelligence and care programming so we can create an integrated, seamless offering,” he said. "We can do things in combination that neither of us could do before. As [Catherine] and I are both physicians, we're excited to see these things coming together. Our success in Seattle sets the stage moving forward." Aetna has sold the new health plan benefit to several employers in the Seattle area including sports equipment company Brooks Sports. "We're excited about continuing to evangelize the opportunity for our plan sponsors as primary health is a big focus here in Seattle," Gaffigan said.  Drugstore retail giant CVS Health owns Aetna, having acquired the insurer in 2018 in a $69 billion deal. The primary care market has been heating up as retailers make strategic moves to push further into healthcare. Amazon plans to buy One Medical for $3.9 billion and Walgreens-backed VillageMD is buying Summit Health, owner of CityMD, for $8.9 billion. CVS Health CEO Karen Lynch told analysts in an earnings call earlier this year that CVS plans to make a big move in primary care by investing or acquiring a provider by the end of this year. In September, the company won a bidding war for Signify Health, a home health and technology services company, as a major step in its healthcare service strategy. CVS plans to acquire Signify Health in a deal valued at $8 billion. Crossover Health, as the name implies, offers a hybrid model of medical care that includes health services that can be accessed virtually as well as clinics that are set up in conjunction with self-insured employers and in near-site health centers that are shared by employers and health plans. The medical group was founded in 2010 as a solution for self-funded employers to help curb healthcare costs by ensuring their workforces received well-coordinated care aimed at improving outcomes and reducing costs. Crossover provides virtual care in all 50 states and also delivers in-person care at 41 health centers in 11 states. In May, the company announced it was expanding its national footprint of brick-and-mortar clinics with plans to open new health centers in Seattle and Austin, Texas. Venture capital-based Crossover has raised $281 million to date and has a post-money valuation in the range of $500 million to $1 billion as of March 2021, according to PrivCo. "We have a decade-long history of working directly with employers and we've had great growth and success in that domain," Shreeve said. "But insurers and health plans play a critical role in working with employers on benefit design. This is an opportunity to combine the care delivery model with the payment model and the outcome model and everyone benefits from this." According to Shreeve, the partnership marks the first implementation of what he refers to as a "Commercial Advantage" plan in the market, similar to a Medicare Advantage plan with a relationship-based care model paid for with a fixed-fee arrangement. "We believe our success in the Seattle area will spur rapid expansion into other markets across the country," he said. Through the collaboration with Crossover, Aetna's Advanced Primary Health model will provide members with access to an interdisciplinary care team including primary care, mental health, physical therapy, health coaching, and care navigators who refer into secondary care services for every member using the health plan benefit. Crossover’s hybrid care model includes near-site health centers and a virtual care network which enables members to have a choice in how they receive care—in person, virtually or via asynchronous messaging. Crossover says its model focuses on prevention, social determinants of health and proactive outreach leveraging the company's member technology platform. As employers take more ownership of their total healthcare spend, Crossover Health's new health plan benefit aims to drive down costs while increasing care quality and improving health outcomes, Shreeve noted. "We’re entering a tough economic environment. As the pressure increases, the things that don’t add value get squeezed out. Primary care is at the heart of creating healthcare value and this will become much more relevant to ensure employees are getting the foundational care that they need. This is a big driver to create high engagement and will help to manage costs downstream," he said. Shreeve added, "As an industry, we're been looking to solve this problem for a long time. It's not an easy problem to solve and we're not trying to solve it in a cheap, lightweight way. We're doing this through care delivery and will pay for it differently and generate different outcomes. This is a huge opportunity for both organizations to make our mark in the Seattle area." Value-based care represents the healthcare industry's efforts to fundamentally shift its payment structure away from the traditional fee-for-service model that drives visit volume toward a model where good outcomes are rewarded. But payers and providers have been making slow progress to transition to VBC models. "We've been talking about models like this for a long time but making them happen has been a challenge," Gaffigan said. She noted that the care model developed with Crossover Health is more comprehensive than many other value-based care arrangements as it's focused on "holistic" health and incorporates mental health and physical therapy along with primary care. "My passion is really value-based care and working with providers to reward them and pay them when they keep patients healthy. This is a personal passion of mine so this partnership fits nicely with my background," she noted. The partnership between Aetna and Crossover provides a path forward for commercial payers to support true value-based care, Shreeve and Gaffigan said.