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Walgreens says health care division should be profitable by 2024

Posted On: Oct. 14, 2022 9:48 AM CST

Walgreens Boots Alliance Inc. expects its U.S. health care division, which includes primary care chain VillageMD, specialty pharmacy company Shields Health Solutions and at-home care provider CareCentrix, to reach profitability in 2024, reports Healthcare Dive. CEO Roz Brewer told investors on an Oct. 13 call for its fiscal fourth-quarter results that it is increasing its long-term sales outlook for the new division to between $11 billion and $12 billion in sales by 2025, with VillageMD being the largest contributor.