Eat Right, Live Better: Kroger Teams Up With Performance Kitchen For Medically Tailored Meals
Portfolio Pulse from Shivani Kumaresan
Kroger Company (NYSE:KR) is partnering with Performance Kitchen to offer medically tailored meals (MTMs) through its healthcare division. These meals are designed to meet the specific needs of individuals with various health conditions. The meals are frozen, single serve and ready to heat. A study by Tufts University estimated that MTM programs could prevent 1.6 million hospitalizations and save health insurers $13.6 billion in a year.
September 15, 2023 | 3:06 pm
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Kroger's partnership with Performance Kitchen to offer medically tailored meals could potentially improve its market position and attract health-conscious consumers. This move could also have a positive impact on its stock price.
The partnership with Performance Kitchen allows Kroger to tap into the growing market of health-conscious consumers. The potential savings for health insurers could also attract positive attention to the company. This could lead to increased demand for Kroger's stock, potentially driving its price up.
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