$TNTY has just announced opening a new business aimed at empowering nurse practitioners to have their own independent primary care clinics in states where full practice authority for nurse practitioners is supported. The business assets that become the new venture were developed by a group of senior healthcare executives who previously brought to scale the business known as Minute Clinic, now a part of CVS. TNTY completed this acquisition effective March 3, 2020, and the new venture is formalized through the formation of a subsidiary named MyCare, LLC, which will be based in Minneapolis, MN.
States and countries are evolving regulations to overcome the dramatic shortage of expert primary-care providers that will enable Nurse Practitioners to provide the full scope of care that they have been trained to deliver. MyCare is developing standardized business management services that supply the infrastructure and resources necessary to rapidly open and to scale independent Nurse Practitioner clinics.
The same digital technologies that catalyzed the development of the health care team will also support the development of independent Nurse Practitioner clinics as part of a patient-centric integrated, interrelated and interconnected team of providers with specialty relationships and patient communication channels.