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VillageMD Adds Walgreens CEO Roz Brewer To Board Of Directors – $WMT $DIA

By John F. Heerdink, Jr.

As per reports, Walgreen Boots Alliance (WBA) chief executive officer Roz Brewer has joined the board of VillageMD, a company focused on developing hundreds of doctor-staffed clinics & connected to Walgreens drugstores across the U.S. Brewer, as well as another Walgreens board member, Dr. David Brailer of the private equity firm Health Evolution Partners, is also on the primary care company’s board of directors. The announcement about Brewer and Brailer joining VillageMD’s board comes with Walgreens holding a 63% stake in VillageMD. 

“VillageMD has pioneered a new, high-quality model of comprehensive primary care, bringing physicians and pharmacists together to address chronic conditions and improve overall health. Healthcare must be both accessible and affordable. Through its Village Medical services at clinics, at home and through virtual care, we can help solve the country’s health equity challenges,” stated Brewer.

The larger investment Walgreens made last year was aimed to accelerate the opening of at least 600 Village Medical at Walgreens primary care practices in more than 30 U.S. markets by 2025 and 1,000 by 2027, with more than half of those practices in medically underserved communities.

Walgreen Boots Alliance (WBA) is a pharmacy-led, health and well-being enterprise with a long history of trusted healthcare services, community pharmacy care, and pharmaceutical wholesaling dates. To learn more about Walgreen Boots Alliance (WBA) and to continue to track its progress please visit the Vista Partners Walgreens Boots Alliance Page.

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Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

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(Read Original Story: Walgreens CEO Brewer Joins VillageMD Board As Drugstore Chain’s Investment Grows in Forbes)


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