Alitam group CEO reveals £1bn vision for 500 ‘super pharmacies’

Pharmacy group Alitam founder and CEO Feisal Nahaboo has revealed an ambitious plan to transform 500 pharmacies into state-of-the-art wellness and medical centres.

Mr Nahaboo's concept will bring together “a range of healthcare services under one roof”

The pandemic kickstarted an “organic process” of collaboration between pharmacies and “diverse medical disciplines”, Mr Nahaboo wrote in a statement on the Alitam website yesterday (January 26).

Mr Nahaboo’s “super pharmacies” will build on this increased collaboration. His £1 billion ‘Pharmacy of the Future’ concept aims to bring together “a range of healthcare services under one roof” in 500 high street, “state-of-the-art wellness and medical centres”.

This ambitious vision would see pharmacists working alongside a wealth of healthcare professionals – such as dentists, opticians, physiologists, midwives and nurses – delivering care that will focus on “disease prevention, rather than the more costly business of treatment”, Mr Nahaboo wrote.

“We have highly skilled, under-utilised medical professionals in pharmacies, the time is now to harness them,” Mr Nahaboo told C+D today (January 27).

Pharmacy, minor eye surgery and facelifts: all under one roof

As well as being able to pick up prescriptions and over-the-counter medications, patients “will be able to pre-book minor eye surgery, facelifts, liposuction, breast enlargement and routine cosmetic dentistry”.

Expectant mothers will even be able to “give birth in-store” one day, Alitam claimed, with “expert midwives” making local pharmacies “a familiar and trusted setting in which to give birth”.

Patients will also be able to access “walk-in eye and blood pressure tests, dental check-ups and counselling” without having to book for an appointment.

These will be either NHS or private services, an Alitam spokesperson told C+D today.

“Many pharmacies already offer NHS clinical services like cervical screening [and] minor ailment care,” they said. “Alitam would push ahead at great pace with these, and also offer private services available without pre-booking at [a very] reasonable cost.”

The business plan

This approach to “one-stop-shop” healthcare will cut down waiting times for patients “by as much as 90%”, Mr Nahaboo claimed, and relieve the ever-mounting pressure on the NHS and secondary care services.

Though the Alitam group currently owns 140 pharmacies, the group is looking to buy 50-100 pharmacy stores each year for next five years to reach its goal of 500 high street premises.

As to how Alitam aims to raise £1bn to fund the project, Mr Nahaboo explained that many within his “extensive network of extremely wealthy investors” have “expressed interest”, he told C+D.

“Private funds [groups] are also in dialogue with Alitam,” he added.

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