How Walgreens shifted its focus from pharmacies to physicians
Becker's Healthcare February 20, 2023
Walgreens CEO Rosalind Brewer had to convince her board of her plans to shift the company’s focus from retail pharmacies to medical clinics, even taking the directors on a tour of a VillageMD practice, The Wall Street Journal reported Feb 19.
Now, about a year later, Walgreens subsidiary VillageMD has bought Summit Health, a primary and urgent care company, for $8.9 billion, and the pharmacy giant has acquired home-healthcare coordinator CareCentrix and Shields Health Solutions, which provides specialty pharmacy services to hospitals....