Walgreens Boots Alliance (WBA) is teaming with health technology firm Pearl Health to expand its reach into primary care services.

The company said💦 that Pearl Health empowers clinical teams “to provide holistic, personalized treatment.” As part of the agreement, Walgreens will offer complementary services, such as prescription fulfillment, medication adherence, vaccines, care gap closure, ꦍand diagnostic testing. In addition, it will work with doctors to help patients discharged from hospitals make the transition to home.

John Driscoll, executive vice president and president of U.S. healthcare at Walgreens, said the c🐻ombination will help it reach more communities faster, “and enable comprehensive, affordable care that improves l🐓ong-term health outcomes and fosters healthier communities.”

Pearl Health CEO Michael Kopko added that Pearl Health's technology-powered, value-based care model “aligns seamlessly with the healthcare services Walgreens offers, especially in the most vulnerable communities.”

Walgreens has been transitioning its business model to provide physician services, most notably investing $5.2 billion in 2021 to take a majority stake in VillageMD, which teams with doctors to offer patients primary care services. In November, VillageMD spent $8.9 billion to acquire Summit Health, the parent of urgent care clinic chain CityMD.

Shares of Walgreens Boots Alliance rose 1.4% on Tuesday following the news, after hitting their lowest level since 2008 on Monday.