Tim Barry is leaving as chief executive officer of VillageMD, the clinic operator that has cost majority owner Walgreens billions of dollars in losses.
However, VillageMD wasn’t profitable, which for Walgreens — a company that entered healthcare delivery to try and bolster flagging operations in its core pharmacy business — quickly became ...
Walgreens invested billions of dollars in VillageMD and had planned to put Village Medical clinics in 1,000 of its stores by 2027. But Walgreens has been backing away from that plan. In March ...
Over the past few years, Walgreens has made a massive bet on expanding beyond traditional pharmacies to provide medical care to patients through a string of acquisitions and investments.