Walgreens CEO Brewer Joins VillageMD Board As Drugstore Chain’s Investment Grows

Sadye Matula

Walgreens Boots Alliance main executive Rosalind Brewer introduces the firm’s new “Walgreens … [+] Overall health” business in Oct 2021. Brewer and Dr. David Brailer joined VillageMD’s board, the company stated April 7, 2022. Walgreens Boots Alliance Walgreens Boots Alliance chief govt officer Roz Brewer has joined the board of […]

Walgreens Boots Alliance chief govt officer Roz Brewer has joined the board of VillageMD, which is developing hundreds of doctor-staffed clinics connected to Walgreens drugstores throughout the U.S.

VillageMD claimed Brewer as effectively as a further Walgreens board member, Dr. David Brailer of the non-public equity business Well being Evolution Partners, have taken seats on the main treatment company’s board of administrators.

“Roz and David each individual provide a exclusive perspective to the techniques we can produce a improved working experience for our doctors and patients, and I’m energized to get the job done with them as we proceed the transformation of our nations’ healthcare system,” VillageMD chief government and chairman Tim Barry reported. “Our region demands the greatest and brightest solving our healthcare crisis and we have the option to convey large-good quality, available care to thousands and thousands of People in america in their communities.”

Brailer is identified nationally for his work in overall health info know-how and was National Coordinator for Health and fitness Info Know-how in the Section of Well being and Human Expert services throughout President George W. Bush’s administration from Could 2004 to April 2006.

The announcement about Brewer and Brailer joining VillageMD’s board arrives with Walgreens now keeping a 63% stake in VillageMD. Just past 7 days, Brewer claimed Walgreens is opening a new VillageMD clinic hooked up to a drugstore on normal “every a few days” this 12 months.

Due to the fact Brewer turned main government officer of Walgreens Boots Alliance a calendar year in the past, the legendary drugstore chain invested an additional $5.2 billion in VillageMD on leading of an early $1 billion stake to escalate the growth of physician-staffed clinics throughout the U.S. underneath a new “Walgreens Health” company.

The larger sized expense Walgreens produced last yr was created to speed up the opening of at minimum 600 Village Healthcare at Walgreens principal care procedures in a lot more than 30 U.S. marketplaces by 2025 and 1,000 by 2027, with a lot more than 50 percent of these tactics in medically underserved communities, the enterprise has stated.

“VillageMD has pioneered a new, significant-top quality design of comprehensive principal treatment, bringing medical professionals and pharmacists jointly to handle persistent circumstances and strengthen general health,” Brewer stated in a statement from VillageMD. “Healthcare should be both accessible and inexpensive. As a result of its Village Health care services at clinics, at residence and through virtual care, we can enable remedy the country’s health and fitness fairness difficulties.”

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