Everyone wants to know what Walgreens Boots Alliance’s (Nasdaq: WBA) health care strategy is.
Over the past month, it has become increasingly clear.
On Oct. 14, the company made another investment in the primary care company VillageMD. The price tag was $5.2 billion for Walgreens, following a $1 billion investment in VillageMD last year as part of a five-year plan.
“We know that health care is inherently local. Also, the needs of communities are diverse, and Walgreens has a deep understanding of the neighborhoods and towns we are in, and VillageMD shares this understanding,” Jamie Vortherms, the VP of health care services at Walgreens, told Home Health Care News in an email. “Together, Walgreens and VillageMD are well positioned to meet [seniors] where they are, be it through our co-locations, digitally or in the home.”
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The post Why Walgreens, VillageMD See the Home as an ‘Increasingly Relevant’ Health Care Vertical appeared first on Home Health Care News.
