The Unprecedented Reinvention of Walgreens

Walgreens Boots Alliance is betting its future on an unprecedented effort to reinvent itself as a healthcare company, a venture of immense scale and complexity. There’s no playbook for what the Deerfield-based company hopes to achieve. Never before has a retail pharmacy chain transformed into a full-fledged provider of medical care. Walgreens’ ambitions threaten to disrupt long-standing U.S. healthcare delivery structures, a status quo guarded by powerful entrenched interests. With a series of multibillion-dollar investments and acquisitions, Walgreens is adding an array of services—including home healthcare and specialty pharmacy—to its existing drugstore network. But the plan revolves around a bold and risky plan to attach doctor’s offices to Walgreens stores across the country.

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Source: https://www.modernhealthcare.com/finance/walgreens-healthcare-transformation-challenges

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