This Week Health
Subscribe
Alex's Lemonade Stand This Week Health
February 25, 2024

Walgreens to close VillageMD clinics in Florida

Healthcare Dive
|
Contributed by: Bill Russell
Summary
Walgreens closing remaining VillageMD clinics in Florida, continues cost-cutting. VillageMD, exiting Florida—one of largest markets—lacks doctors, patients in smaller clinics. Despite $5.2 billion investment, U.S. Healthcare struggles to profit. In cost-cutting, Walgreens shuts 60 VillageMD clinics, 450 retail locations; layoffs. Company's stock drops 41% since January 2023. Walgreens explores selling specialty pharmacy Shields Health Solutions. Leadership turnover and opioid epidemic liabilities add to woes.

Explore Related Content

Recent Related Episodes

2 Minute Drill: Qantas' Bold Move to Cut Senior Leadership Bonuses with Drex DeFordAfter Data Breach
2 Minute Drill: Qantas' Bold Move to Cut Senior Leadership Bonuses with Drex DeFordAfter Data Breach
Flourish Sound Bytes: Teaching Daughters to Lead in AI - A Healthcare Tech Mom's Guide for Tomorrow
Flourish Sound Bytes: Teaching Daughters to Lead in AI - A Healthcare Tech Mom's Guide for Tomorrow
Newsday: Healthcare Under Siege - Cybersecurity Expert Ed Gaudet on AI Threats & Third-Party Risks
Newsday: Healthcare Under Siege - Cybersecurity Expert Ed Gaudet on AI Threats & Third-Party Risks
Flourish Sound Bytes: From 11 Data Centers to Zero with Healthcare IT Leader Tyler Barhydt
Flourish Sound Bytes: From 11 Data Centers to Zero with Healthcare IT Leader Tyler Barhydt

Recent Related Articles

“Talk to People and Be Present”: Theresa McDonnell On Building a Culture of Empowerment
“Talk to People and Be Present”: Theresa McDonnell On Building a Culture of Empowerment
Read Article
Career Transitions: CDIO Clara Guixa on Why “It’s Not Just About the Job”
Career Transitions: CDIO Clara Guixa on Why “It’s Not Just About the Job”
Read Article
CIO Chris Harper on Big Bets, a Clinical Trial Approach to AI, and the Power of Silence
CIO Chris Harper on Big Bets, a Clinical Trial Approach to AI, and the Power of Silence
Read Article
CIO Alan Smith on The Upside of Disaster and the Issue Healthcare Can No Longer Neglect
CIO Alan Smith on The Upside of Disaster and the Issue Healthcare Can No Longer Neglect
Read Article

Get Daily Headlines Straight to Your Inbox.

Subscribe Now
This Week Health
Healthcare Transformation Powered by Community
Subscribe for email updates

Questions about the Podcast?

Contact us with any questions, requests, or comments about the show. We love hearing your feedback.

Hello@ThisWeekHealth.com

Looking to connect or attend events? Visit our sister organization, 229 Project
Click here.

© Copyright 2024 Health Lyrics All rights reserved