AXIOS September 12, 2023
Walgreens is expanding its value-based care footprint in its first major health care move since the sudden departure of CEO Rosalind Brewer earlier this month.
Why it matters: The national pharmacy giant, which also recently saw its CFO leave, has signaled its desire to bolster a health care delivery business that has fallen short of investors’ expectations as retailers angle for primacy in the sector.
Driving the news: Walgreens announced this morning it’s teaming up with Pearl Health, which has a platform to help enable value-based care, to accelerate Walgreens’ collaborations with community-based primary care physicians.
- Walgreens officials called it an example of how the company is continuing to lean into its strategy of building up its value-based care...
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Topics: Partnerships, Payment Models, Pharma, Pharma / Biotech, Primary care, Provider, Trends, Value Based