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Walgreens Unit VillageMD Combines with Summit Health. The Stock Is Up.

Walgreens Unit VillageMD Combines with Summit Health. The Stock Is Up.

Pamela James by Pamela James
November 7, 2022
in Business
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A


Walgreens Boots Alliance


unit has reached a deal to buy Summit Health-CityMD in a deal worth $8.9 billion, including debt, in a bid to create a larger multispecialty platform for patient care.

The combination of Village MD, the drug store’s provider of primary care, with Summit Health, the parent company of CityMD urgent-care centers, will lead to more than 680 provider locations in 26 markets, the press release said.

Pamela James

Pamela James

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