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Kroger Invests in “The Little Clinic”
05/30/2008
CINCINNATI and NASHVILLE, Tenn. — Kroger Co. officials this week announced that Kroger will invest in “The Little Clinic, a national chain of walk-in medical facilities. Financial terms of the investment were not disclosed. The Little Clinic currently operates 26 walk-in medical clinics inside Kroger stores. The Little Clinic team welcomes the investment, said Molly Ashby, chairman of The Little Clinic, and founder and CEO of Solera Capital. Solera Capital is a private equity firm that acquired The Little Clinic's predecessor in 2005. "We welcome Kroger as a shareholder and partner in building a leader in consumer healthcare,” Ashby said. “We share a commitment to deliver innovative, quality, affordable healthcare to consumers across the country." The Little Clinic locations are staffed with licensed and board-certified Advanced Registered Nurse Practitioners (ARNPs) and certified physician assistants. They are authorized to diagnose, treat and write prescriptions for common illnesses such as bronchitis, respiratory problems, sinus and ear infections, the flu, and minor injuries. The clinics also provide services such as physicals, back-to-school and sports exams, screenings and several vaccinations. The Little Clinic was founded in 2003 and is headquartered in Nashville, Tenn. Little Clinic centers are in Arizona, Florida, Georgia, Kentucky, Ohio, Michigan and Tennessee. Kroger is one of the nation's oldest and largest retail grocery chains and includes 2,486 supermarkets and multi-department stores in 31 states under two dozen local banners including Kroger, Ralphs, Fred Meyer, Fry's, Smith's, City Market, etc. Source: PR Newswire Kroger: www.kroger.com The Little Clinic. www.thelittleclinic.com
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