Walgreens CEO Brewer Joins VillageMD Board As Drugstore Chain’s Investment Grows
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Walgreens Boots Alliance chief govt Rosalind Brewer introduces the corporate’s new “Walgreens … [+]
Walgreens Boots Alliance
Walgreens Boots Alliance chief govt officer Roz Brewer has joined the board of VillageMD, which is creating lots of of doctor-staffed clinics related to Walgreens drugstores throughout the U.S.
VillageMD mentioned Brewer in addition to one other Walgreens board member, Dr. David Brailer of the personal fairness agency Well being Evolution Companions, have taken seats on the first care firm’s board of administrators.
“Roz and David every deliver a novel perspective to the methods we are able to ship a greater expertise for our physicians and sufferers, and I’m excited to work with them as we proceed the transformation of our nations’ healthcare system,” VillageMD chief govt and chairman Tim Barry mentioned. “Our nation wants the most effective and brightest fixing our healthcare disaster and we have now the chance to deliver high-quality, accessible care to hundreds of thousands of People of their communities.”
Brailer is understood nationally for his work in well being data know-how and was Nationwide Coordinator for Well being Data Expertise inside the Division of Well being and Human Providers throughout President George W. Bush’s administration from Might 2004 to April 2006.
The announcement about Brewer and Brailer becoming a member of VillageMD’s board comes with Walgreens now holding a 63% stake in VillageMD. Simply final week, Brewer mentioned Walgreens is opening a brand new VillageMD clinic hooked up to a drugstore on common “each three days” this yr.
Since Brewer turned chief govt officer of Walgreens Boots Alliance a yr in the past, the long-lasting drugstore chain invested one other $5.2 billion in VillageMD on high of an early $1 billion stake to escalate the growth of doctor-staffed clinics throughout the U.S. underneath a brand new “Walgreens Well being” enterprise.
The bigger funding Walgreens made final yr was designed to speed up the opening of not less than 600 Village Medical at Walgreens main care practices in additional than 30 U.S. markets by 2025 and 1,000 by 2027, with greater than half of these practices in medically underserved communities, the corporate has mentioned.
“VillageMD has pioneered a brand new, high-quality mannequin of complete main care, bringing physicians and pharmacists collectively to handle persistent circumstances and enhance general well being,” Brewer mentioned in an announcement from VillageMD. “Healthcare should be each accessible and reasonably priced. By means of its Village Medical providers at clinics, at residence and thru digital care, we might help clear up the nation’s well being fairness challenges.”