The Walgreens-Boots Alliance will focus on smaller tuck-in transactions in 2023 as opposed to the multi-billion dollar deals the company pursued in 2022. Last year, WBA poured money into health care provider investments and acquisitions, including the home-based care platform CareCentrix, Inc. and VillageMD. Those companies both provide palliative care in addition to their other services, and the latter also contracts with hospices through its Accountable Care Organization. The company’s 2023 strategy will shift away from transactions of that magnitude. Though for an organization the size of WBA, “small deal” is a relative term. Read more.
Walgreen-Boots Alliance to Pursue Smaller Acquisitions in 2023
