After Billions In Losses, Walgreens Doesn’t Want To Own VillageMD
WEBJul 1, 2024 · Walgreens Boots Alliance is looking to reduce its investment in the doctor-staffed clinic operator VillageMD after billions of dollars in losses and the need to focus on more profitable ventures...
Walgreens May Sell Off Entire Stake In Clinic Operator VillageMD - Forbes
WEBAug 7, 2024 · Walgreens may sell its entire stake in doctor-staffed clinic operator VillageMD, an investment that has already cost the drugstore giant billions of dollars.
Walgreens Suffers $6 Billion Loss As VillageMD Clinic ... - Forbes
WEBMar 28, 2024 · Walgreens, which invested more than $6 billion under former chief executive Roz Brewer to take a controlling stake in Chicago-based startup VillageMD, is scaling back on the expansion of doctor...
News - VillageMD
WEBOct 30, 2023 2:08:13 PM | News VillageMD Announces New Leadership Appointments for Three Services Lines – Summit Health, CityMD and Village Medical
Walgreens Shutters 160 VillageMD Clinics after $6 Billion Loss
WEBApr 9, 2024 · VillageMD, a foundational part of Walgreens' strategy to expand beyond its pharmacy operations, now plans to shut more than 160 clinics — nearly 100 more closures than anticipated in late 2023 — to focus on sites in densely populated areas. This move will increase the number of patients treated by a single doctor.
Walgreens takes $5.8 bln hit on VillageMD bet amid CEO focus …
WEBMar 28, 2024 · Walgreens Boots Alliance recorded a $5.8 billion impairment charge on its investment in clinic operator VillageMD on Thursday, hit by a cost-cutting drive to shut down unprofitable sites.
Walgreens nearly halfway through planned VillageMD clinic …
WEBJan 4, 2024 · Walgreens is nearly halfway through its plan to close 60 VillageMD clinics as the provider focuses on density in “high opportunity” markets, Wentworth said during an earnings call.
VillageMD Announces New Leadership Appointments for Three …
WEBCHICAGO & NEW YORK, October 18, 2023 -- (BUSINESS WIRE)-- VillageMD announced today three new presidents to lead the three patient-facing services lines of Summit Health, CityMD and Village...
VillageMD Acquires Summit Health-CityMD, Creating One of the …
WEBCHICAGO & NEW YORK & DEERFIELD, Ill. & BLOOMFIELD, Conn. - Nov. 7, 2022 - VillageMD announced today it has entered a definitive agreement to acquire Summit Health-CityMD, a leading provider of primary, specialty and urgent care.
VillageMD Finalizes Acquisition of Summit Health-CityMD, …
WEBJan 5, 2023 · On Nov. 7, 2022, VillageMD announced it entered a definitive agreement to acquire Summit Health-CityMD for $8.9 billion with investments from Walgreens Boots Alliance, Inc. (Nasdaq: WBA) and...