Nearly 30% of US drugstores closed in one decade, study shows
- A study found that more than 29% of U.S. pharmacies closed between 2010 and 2020, totaling over 26,000 stores by 2021.
- Major chains like Walgreens and CVS closed hundreds more stores recently, with Rite Aid undergoing bankruptcy reorganization.
- Pharmacies in areas with higher Medicaid and Medicare patients faced greater closure risks, according to Dima Qato, the study’s lead author.
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Almost 30% of U.S. drugstores were shuttered within a decade. Here’s why
Nearly three out of 10 U.S. drugstores that were open during the previous decade had closed by 2021, new research shows.Black and Latino neighborhoods were most vulnerable to the retail pharmacy closures, which can chip away at already-limited care options in those communities, researchers said in a study published Tuesday in Health Affairs.The trend has potentially gained momentum since the study’s timeframe, because many drugstores are still s…
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Leaning Left11Leaning Right2Center24Last UpdatedBias Distribution65% Center
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- 65% of the sources are Center
65% Center
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C 65%
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