On Monday, VillageMD officially confirmed its plan to acquire Summit Health-CityMD. On Wednesday, Walgreens Boots Alliance Inc. (Nasdaq: WBA) — one of VillageMD’s chief inventors — opened up about how the deal fits into its overall strategy. “While our existing portfolio of best-in-class assets supports a strong future outlook, the addition of Summit Health — it’s transformational,” Walgreens Boots Alliance CEO Roz Brewer said. “It’s really pushing the business to gain both scale and profit. I want you to think about this investment supporting [VillageMD] and enhancing the value across the full health care business and extending our reach. It ultimately drives strong financial returns for [Walgreens Boots Alliance].”
Read the full article: Walgreens Boots Alliance CEO Provides Updates on Health Care Strategy //
Source: https://homehealthcarenews.com/2022/11/walgreens-boots-alliance-ceo-provides-updates-on-health-care-strategy