Walgreens Boots Alliance sold its remaining stake in post-acute care and infusion services company Option Care Health for $330 million. The drugstore chain announced it sold 10.8 million shares of Option Care Health and plans to use the proceeds primarily for debt paydown, continued support of the company’s strategic priorities and to help fund its healthcare-focused business initiatives. Walgreens aims to be a point of entry for consumers for healthcare services ranging from urgent care to specialty care and even in-home health. Back in November, Walgreens Boots Alliance CEO Rosalind “Roz” Brewer said dispensing of pharmaceuticals was not going to be Walgreens’ long-term growth avenue, Fierce Healthcare reports. Read more.
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