Becker's Healthcare January 9, 2024
Walgreens wants to become more of a healthcare company, CEO Tim Wentworth told CNBC during an interview with Jim Cramer.
Mr. Cramer asked Mr. Wentworth: “Can you make your company more of a healthcare company?”
The answer was a confident, “There’s no question.”
Mr. Wentworth said Walgreens is already a strong healthcare company because it provides pharmacy services and has administered 8 million vaccines in its stores. Walgreens has made big investments in healthcare over the last few years, including the company’s VillageMD spending $8.9 billion to acquire Summit Health. The deal gave Village MD around 400 primary care and urgent care clinics.
Walgreens Boots Alliance did announce plans to close 60 VillageMD locations by the end of this year...
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