Becker's Healthcare March 19, 2024
It has been more than one year since VillageMD, majority owned by Walgreens, completed its acquisition of Summit Health-CityMD in January 2023.
The deal gave Walgreens access to more than 2,800 providers and created one of the largest independent provider groups in the country. With the acquisition, VillageMD more than doubled its locations, from more than 250 to more than 680 in 26 markets.
VillageMD operates 680 clinics majoriy-owned by Walgreens Boots Alliance, including 200 clinics co-located with Walgreens and 170 third-party clinics at its stores.
Here are eight major updates that have happened since, in reverse chronological order:
1. In March, Walgreens announced plans to cut its workforce in Florida and Connecticut by nearly 650 workers.
2. In...