Healthcare Innovation January 4, 2024
Geert De Lombaerde

“We are going to evolve our services, our strategy,” former Evernorth leader Tim Wentworth told analysts Jan. 4 after Walgreens reported earnings and said it will slash its dividend

Walgreens Boots Alliance Inc. is unlikely to further buy its way into the primary-care space as it builds out its healthcare services division, new CEO Tim Wentworth told analysts and investors Jan. 4.

Speaking on a conference call after Illinois-based Walgreens reported results for its fiscal first quarter, Wentworth said he’s committed to the company’s strategy of adding a range of care options atop its massive store network—“a retail pharmacy base is a fabulous base to build a health services business from because of the engagement”—but added that his primary focus...

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Topics: Mergers & Acquisitions / JV, Pharma, Pharma / Biotech, Primary care, Provider, Trends
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