VillageMD then acquired Summit Health in January of FY23, a multi-specialty medical practice manager, for $9 billion.

Source: https://seekingalpha.com/article/4622066-walgreens-boots-alliance-accelerates-healthcare-segment-despite-headwinds?source=feed_all_articles

Walgreens has recently moved beyond its drugstores to become a direct provider of medical care through the Walgreens-backed VillageMD, which bought Summit Health.

Source: https://www.dailymail.co.uk/news/article-12130343/Walgreens-set-layoff-500-workers-10-percent-corporate-workforce.html?ns_mchannel=rss&ns_campaign=1490&ito=1490

Walgreens plans to open at least 600 primary care practices with VillageMD in more than 25 U.S. markets by 2025 — and 1,000 by 2027.

Source: https://medcitynews.com/2023/02/which-moves-should-providers-watch-from-amazon-cvs-walgreens-this-year/