In an interview with Insider, the head of Walgreens Health shared his vision for the business.
It spent $5.2 billion to buy a majority stake in the primary-care company VillageMD and invested $3.5 billion to help the clinic chain acquire an urgent-care company.
The company reported in June an operating loss of $1.4 billion in its Walgreens Health business in the first nine months of its fiscal year.
Walgreens pharmacists could work with VillageMD doctors to better care for patients with chronic health conditions, he said.
Integrating Walgreens' healthcare businessesWalgreens' strategy for how it would tie its growing number of individual healthcare businesses together hasn't been clear, but Driscoll gave some clues.
Persons:
Rosalind Brewer, Brewer, James Kehoe, John Driscoll, Walgreens, Driscoll, Pearl
Organizations:
Walgreens, Walgreens Health, Shields Health Solutions, Pearl Health, CVS, Health, Amazon, Walmart
Locations:
Shields, Pearl