VillageMD
VillageMD is a Chicago-based value-based primary care provider serving 1.6 million+ patients across 26 U.S. markets through freestanding clinics, Walgreens co-located sites, home visits, and telehealth, supported by its docOS platform and managing $4 billion in medical spend.
- Company typePrivate
- Founded2013
- HeadquartersChicago, United States
- Headcount5,001–10,000
- GTM typeB2C
- OfferingServices
What VillageMD does
VillageMD is a Chicago-based, privately held provider of value-based primary care services serving more than 1.6 million patients across 26 U.S. markets. Founded in 2013 and operating through its Village Practice Management Company, LLC legal entity, the company delivers care via a multi-channel model: freestanding Village Medical clinics, co-branded Village Medical at Walgreens clinics inside Walgreens pharmacy locations, Village Medical at Home for homebound patients, telehealth/virtual visits, plus integrated pharmacy and physical therapy services. Following the January 2023 acquisition of Summit Health-CityMD, VillageMD also operates a multi-specialty and urgent care footprint under the Summit Health and CityMD brands.
Underlying care delivery is the patent-pending docOS operating platform, which integrates clinical data, remote patient monitoring feeds, and EMR inputs to give physicians 360-degree patient views and identify care gaps. VillageMD's revenue model is dominated by value-based contracts with Medicare, commercial payers, and accountable care organizations, including participation as the largest sponsor in the CMS Direct Contracting program. The company manages approximately $4 billion in total medical spend and serves 56,000+ Medicare beneficiaries through Direct Contracting, with capitated and global payment arrangements replacing traditional fee-for-service volume incentives.
Strategically, VillageMD grew through a $5.2 billion Walgreens Boots Alliance investment in October 2021, the $8.9 billion Summit Health-CityMD acquisition in January 2023, and a sustained cadence of bolt-on practice acquisitions and geographic expansions. In August 2025, Sycamore Partners completed its leveraged buyout of Walgreens Boots Alliance, and VillageMD emerged as an independent standalone company under private equity ownership, retaining its distribution relationship and value-based care strategy.
VillageMD firmographics
Firmographics- Name
- VillageMD
- Legal name
- Village Practice Management Company, LLC
- Website
- https://villagemd.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- VillageMD is a Chicago-based value-based primary care provider serving 1.6 million+ patients across 26 U.S. markets through freestanding clinics, Walgreens co-located sites, home visits, and telehealth, supported by its docOS platform and managing $4 billion in medical spend.
- Ownership category
- akta.pro rank
VillageMD industry classification
Industry- Product category
- Value-Based Primary Care Services
- NAICS
- Nursing Care Facilities (Skilled Nursing Facilities) (62311), Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (6233)
- SIC
- Services-Home Health Care Services (8082)
- akta.pro primary industry
- Chronic Care & Remote Patient Monitoring (RPM) Platforms (HLALABAF)
- akta.pro secondary industry
- Home Health Remote Patient Monitoring & Virtual Nursing Providers (HLAFAEAN)
Keywords
Where VillageMD is headquartered
LocationHeadquarters
- HQ city
- Chicago
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
VillageMD business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Supply Chain
Revenue model
- Value-Based Care Contracts: VillageMD generates revenue through value-based care contracts with Medicare, commercial payers, and accountable care organizations. The company earns payments based on managing total cost of care and quality outcomes rather than fee-for-service volume.
- Capitation and Global Payments: Manages $4 billion in total medical spend in value-based contracts, receiving capitated or global payments to coordinate patient care across primary care, specialty care, and pharmacy services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Pay-as-you-go | Insurance-based primary care services |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels4 records
VillageMD product offering
Product offeringCore offering
VillageMD is a national provider of value-based primary care services that operates primary care clinics (Village Medical), co-located clinics within Walgreens pharmacies, in-home primary care visits, and virtual/telehealth visits. The company provides tools, technology, operations, and staffing support to physicians and manages over $4 billion in total medical spend through capitation and global payments with Medicare, commercial payers, and accountable care organizations.
Product overview
VillageMD is a leading national provider of value-based primary care services operating through a platform-plus-modules architecture. The core offering centers on Village Medical primary care services, which include traditional freestanding clinics (Village Medical), co-located Walgreens clinics (Village Medical at Walgreens), in-home care (Village Medical at Home), telehealth (Village Medical Telehealth), pharmacy (Village Medical Pharmacy), and physical therapy. The company operates the proprietary docOS technology platform, which integrates patient data across care settings to provide physicians with comprehensive health profiles and identify gaps in care. Following the $8.9 billion acquisition of Summit Health-CityMD in January 2023, VillageMD expanded to include Summit Health multi-specialty practices and CityMD urgent care services, significantly broadening its geographic footprint and service scope. The company serves over 1.6 million patients across multiple markets and participates in CMS value-based care programs including Direct Contracting.
Differentiator
Problem solved
Functional benefit
Products and services
- Village Medical (Freestanding Clinics)
- Village Medical at Walgreens
- Village Medical at Home
- Village Medical Telehealth / Virtual Visits
- Summit Health
- CityMD
- Starling Physicians
Quantifiable outcome
- VillageMD ACOs achieved major savings for Medicare in 2023
- +2 more outcomes
Companies that use VillageMD
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
VillageMD technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
AI capability5 records
Feature1 record
VillageMD partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered minor and core.
- COPD FoundationminorVillageMD partnered with the COPD Foundation in April 2023 to better identify and treat COPD patients, supporting patients through Medicare Annual Enrollment Period.
- National Institutes of Health (NIH)minorVillageMD was selected for a new NIH-funded study in June 2023 to identify undiagnosed Alzheimer's Disease and Related Dementias.
- Best Buy HealthminorVillageMD collaborated with Best Buy Health as discussed at HIMSS23, with executives seeing collaboration as critical to future of healthcare.
- Point32HealthminorVillageMD collaborated with Point32Health in November 2022 to expand access to health care in Massachusetts.
- Summit Health-CityMDcoreVillageMD acquired Summit Health-CityMD in an $8.9 billion deal, creating one of the largest independent provider groups in the U.S. with more than 680 provider locations across 26 markets. Summit Health is a multispecialty medical practice and parent of CityMD urgent care.
- Blue Cross Blue Shield of MassachusettsminorBlue Cross Blue Shield of Massachusetts collaborated with VillageMD to expand its high-quality primary care offering in the Commonwealth.
Scale indicators7 records
Recent moves27 records
Expansion highlights6 records
VillageMD competitors and assessment
Company assessmentDirect peers
- Aledade: Physician enablement platform that partners with independent primary care practices to participate in ACO REACH and other value-based contracts. Comparable to VillageMD in serving capitated Medicare populations through technology-enabled risk arrangements, though operates a partnership rather than owned-clinic model.
- ChenMed: Family-owned value-based primary care group serving Medicare-eligible seniors through owned clinics across multiple states. Direct competitor to VillageMD's Village Medical senior-focused VBC model, with similar full-risk capitated contracting and proprietary clinical protocols for chronic disease management.
- Cano Health: Value-based primary care provider serving seniors and underserved Medicare/Medicaid populations through owned clinics and home visits. Competes directly with VillageMD in capitated senior primary care markets and has been pursuing similar M&A-led geographic expansion.
- Agilon Health: Partnership-based value-based care platform that contracts with independent primary care physician groups to take on full risk for Medicare patients. Comparable to VillageMD in capitated senior care economics and population health focus, but enables affiliated PCPs rather than owning all clinics directly.
- Oak Street Health (CVS Health): Value-based primary care provider focused on Medicare seniors, operating risk-bearing clinics across the U.S.; acquired by CVS Health in 2023 for ~$10.6B. Direct competitor to VillageMD in capitated senior primary care, with overlapping patient populations and contracting strategies.
- P3 Health Partners: Value-based care platform focused on Medicare seniors, operating owned and affiliated primary care clinics with full-risk contracts. Direct peer to VillageMD in capitated senior primary care delivery, though at smaller scale and with less geographic diversification.
- Humana CenterWell Senior Primary Care (Conviva): Humana-owned value-based senior primary care platform operating clinics under the CenterWell and Conviva brands. Operates as a payer-aligned primary care group with similar Medicare focus, capitation economics, and chronic disease management emphasis as VillageMD's Village Medical.
- One Medical (Amazon): Membership-based primary care platform combining in-clinic, virtual, and at-home visits with technology-enabled workflows; acquired by Amazon in 2023 for ~$3.9B. Closely comparable to VillageMD in offering integrated in-person, telehealth, and home-based primary care supported by proprietary technology.
Broad incumbents
- Privia Health: Physician enablement company operating multi-specialty medical groups and VBC contracts across more than 1,000 locations. Comparable to VillageMD's practice-affiliation and risk-bearing contracting model, with broader specialty exposure and multi-payer footprint rather than VillageMD's senior-primary-care focus.
Others
- Walgreens Boots Alliance: Former majority owner of VillageMD (acquired for ~$23.7B by Sycamore Partners in August 2025) and exclusive retail-clinic partner through the Village Medical at Walgreens co-branded model. Comparable as the distribution channel partner rather than direct clinical competitor, and an ecosystem participant whose footprint decisions directly shape VillageMD's clinic strategy.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
VillageMD social profiles
Digital presenceVillageMD compliance and trust
Trust signalCompliance1 record
VillageMD financial estimates
Financial estimateRevenue estimate
Valuation estimate
VillageMD leadership team
Management profileNumber of profiles
Profiles14 records
VillageMD subsidiaries and ownership
Company hierarchySubsidiaries6 records
VillageMD funding detail
Funding detailFunding overview
Funding rounds6 records
Investors7 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
VillageMD M&A and investment
M&A and investmentM&A4 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about VillageMD
What does VillageMD do?
VillageMD is a national provider of value-based primary care services that operates primary care clinics (Village Medical), co-located clinics within Walgreens pharmacies, in-home primary care visits, and virtual/telehealth visits. The company provides tools, technology, operations, and staffing support to physicians and manages over $4 billion in total medical spend through capitation and global payments with Medicare, commercial payers, and accountable care organizations.
Is VillageMD a public or private company?
VillageMD is a private company. It is classified as private equity controlled and is currently operating.
When was VillageMD founded?
VillageMD was founded in 2013. It employs 5,001 to 10,000 people.
Where is VillageMD based?
VillageMD is headquartered in Chicago, United States, in the North America region.
How does VillageMD make money?
Two revenue lines are on record. Value-Based Care Contracts are the primary driver. The others are capitation and Global Payments.
Who are VillageMD's main competitors?
Direct peers on record are Aledade, ChenMed, Cano Health, Agilon Health, Oak Street Health (CVS Health), P3 Health Partners, Humana CenterWell Senior Primary Care (Conviva) and One Medical (Amazon). Privia Health is listed as a broad incumbent. Walgreens Boots Alliance is listed as an others.
Does VillageMD have an API?
No public API is recorded for VillageMD.
What industry is VillageMD in?
VillageMD's product category is Value-Based Primary Care Services. Its primary akta.pro industry code is HLALABAF, Chronic Care & Remote Patient Monitoring (RPM) Platforms, with a secondary code of HLAFAEAN, Home Health Remote Patient Monitoring & Virtual Nursing Providers. Its NAICS code is 62311 and its SIC code is 8082.