Why Walgreens, VillageMD See the Home as an ‘Increasingly Relevant’ Health Care Vertical

Everybody needs to know what Walgreens Boots Alliance’s (Nasdaq: WBA) well being care technique is.

Over the previous month, it has develop into more and more clear.

On Oct. 14, the corporate made one other funding within the major care firm VillageMD. The worth tag was $5.2 billion for Walgreens, following a $1 billion funding in VillageMD final 12 months as a part of a five-year plan.

“We all know that well being care is inherently native. Additionally, the wants of communities are various, and Walgreens has a deep understanding of the neighborhoods and cities we’re in, and VillageMD shares this understanding,” Jamie Vortherms, the VP of well being care providers at Walgreens, informed Residence Well being Care Information in an electronic mail. “Collectively, Walgreens and VillageMD are effectively positioned to fulfill [seniors] the place they’re, be it by our co-locations, digitally or within the residence.”