Becker's Healthcare March 7, 2024
Walgreens’ VillageMD has announced plans to exit the Illinois, Indiana and Florida markets this year.
VillageMD operates 680 clinics majority-owned by Walgreens Boots Alliance, including 200 clinics co-located with Walgreens and 170 third-party clinics at its stores. It has six clinics in Illinois, which are slated to close by April 19; 40 clinics in Florida, which are slated to close by March 15; and 12 clinics in Indiana, which closed earlier this year.
The moves are a piece of Walgreens’ plan to cut at least $1 billion in costs...