Walgreens has signed on as a partner of Matter, a Chicago-based incubator for health technology startups. The pharmacy giant will provide mentorship and financial support to Matter's 150 or so startups.
Walgreens and Rite Aid will sell 865 stores to rival retailer Fred's for $950 million, potentially removing the final roadblock thwarting a tie up between the nation's largest and third-largest drugstore chains.
A self-described child of the 1960s, she overcame barriers both personal and professional to gain prominence. She was a woman who made it in a field dominated by men. She quickly moved on to bigger and better positions after being outed as gay by a member of the board at the Ohio hospital system...
Walgreens has sued its former partner, blood-testing startup Theranos, alleging breach of contract. The unit of Walgreens Boots Alliance is seeking $140 million, the amount it invested in Theranos.
Walgreens Boots Alliance earnings topped $1 billion during the fourth quarter, easily surpassing analyst expectations, but also announced a delay in closing its latest megadeal.
Walgreens Boots says it will probably have to unload more stores than expected to ease antitrust concerns over its pending acquisition of Rite Aid, a deal that would make the nation's largest drugstore chain even larger.
The not-for-profit Catholic organization SSM Health will provide birth control pills at the 26 clinics inside St. Louis-area Walgreens stores that it began operating Thursday, an SSM spokesman said.
Activist investors in for-profit healthcare firms want seasoned leaders—often drawn from the ranks of former leaders of not-for-profit healthcare systems—to sit on their boards and help those firms navigate today's fast-changing reimbursement environment.
Troubled blood-testing startup Theranos says it will continue serving customers through independent retail locations a day after the nation's largest drugstore chain severed ties with the company.
Corporate CEOs, attorneys, real estate moguls and other business leaders routinely serve on the boards of not-for-profit hospitals, systems and insurers. But some top executives at not-for-profit healthcare organizations also hold board seats at some of the largest publicly traded companies in the...
Ponder the fleeting nature of fortune. Last fall, Theranos CEO Elizabeth Holmes, 32, was deemed the “youngest self-made female billionaire” in the world by Forbes magazine. Her net worth today? Bupkis.
Walgreens will pay $500,000 to settle the latest case of a company accused of duping New York consumers over prices.