-

Walgreens and Pearl Health Announce Strategic Partnership to Advance Value-Based Care Delivery

DEERFIELD, Ill. & NEW YORK--(BUSINESS WIRE)--Walgreens, a division of Walgreens Boots Alliance, Inc. (Nasdaq: WBA), and Pearl Health, a leading provider enablement company, today announced a partnership to accelerate the expansion of value-based care in collaboration with community-based primary care physicians.

Pearl Health offers technology and insight solutions that empower clinical teams to provide holistic, personalized treatment necessary for value-based, quality-focused care. Walgreens will provide complementary services, including prescription fulfillment, medication adherence, immunizations, care gap closure and diagnostic testing. Walgreens will also work with providers to help patients discharged from the hospital transition to home.

“Walgreens is committed to being the partner of choice for providers and health systems looking to transition quickly and effectively to value-based care and improve outcomes in the communities they serve,” said John Driscoll, executive vice president and president, U.S. Healthcare, Walgreens Boots Alliance. “Our partnership with Pearl Health allows us to reach more communities faster and enable comprehensive, affordable care that improves long-term health outcomes and fosters healthier communities.”

“At Pearl Health, we believe that local primary care providers are key to improving America’s overall health. Our technology-powered value-based care model aligns seamlessly with the healthcare services Walgreens offers, particularly in the most vulnerable communities,” said Michael Kopko, chief executive officer, Pearl Health. “With a focus on proactive, coordinated care, we’ll collaborate to deliver a better solution to providers and ultimately deliver high-quality services to patients, while managing their care efficiently. We’re very excited about the implications of this partnership for patients in Medicare and beyond.”

Walgreens continues to demonstrate its commitment to value-based care, the most significant demonstration being the company’s majority investment in VillageMD, a national leader in primary, multispecialty and urgent care. A technology-enabling partnership with Pearl Health provides an additional, complementary value-based delivery channel that will allow Walgreens to reach more regions and patients and offer an even broader set of solutions to providers and health systems.

With its strong investments in home-based care through CareCentrix and health system-owned pharmacy solutions through Shields Health Solutions, Walgreens has established itself as a leading partner of choice in reimagining local, personalized care.

About Walgreens

Walgreens (www.walgreens.com) is included in the U.S. Retail Pharmacy and U.S. Healthcare segments of Walgreens Boots Alliance, Inc. (Nasdaq: WBA), an integrated healthcare, pharmacy and retail leader with a 170-year heritage of caring for communities. WBA’s purpose is to create more joyful lives through better health. Operating nearly 9,000 retail locations across America, Puerto Rico and the U.S. Virgin Islands, Walgreens is proud to be a neighborhood health destination serving nearly 10 million customers each day. Walgreens pharmacists play a critical role in the U.S. healthcare system by providing a wide range of pharmacy and healthcare services, including those that drive equitable access to care for the nation’s medically underserved populations. To best meet the needs of customers and patients, Walgreens offers a true omnichannel experience, with fully integrated physical and digital platforms supported by the latest technology to deliver high-quality products and services in communities nationwide.

About Pearl Health

Pearl Health is democratizing access to value in healthcare. Led by provider enablement, risk-bearing, and technology experts, Pearl offers software and services that help providers reimagine how they visualize, understand, and care for their patients. Pearl supports primary care organizations and providers in their transition to value-based care and surfaces data and insights that help them deliver better, more proactive care, decrease total cost of care across patient panels, and optimize performance in risk-bearing models like Medicare's ACO REACH. Since its founding in 2020, Pearl has raised approximately $100M in funding from investors such as Andreessen Horowitz, Viking Global Investors, AlleyCorp and SV Angel, and has grown to serve providers across the United States. Learn more at www.pearlhealth.com.

Contacts

Walgreens
Jonathon Hosea
media@walgreens.com

Pearl Health
Madison Klein
madison.klein@pearlhealth.com

Walgreens LogoWalgreens Logo

Walgreens

NASDAQ:WBA

Release Summary
Walgreens and Pearl Health announce a partnership to accelerate the expansion of value-based care delivery.
Release Versions

Contacts

Walgreens
Jonathon Hosea
media@walgreens.com

Pearl Health
Madison Klein
madison.klein@pearlhealth.com

More News From Walgreens

Walgreens Boots Alliance Shareholders Overwhelmingly Approve Transaction with Sycamore Partners

DEERFIELD, Ill.--(BUSINESS WIRE)--Walgreens Boots Alliance, Inc. (Nasdaq: WBA) (the “Company” or “WBA”) today announced that at the Company’s Special Meeting of Shareholders (the “Special Meeting”), WBA shareholders approved the previously announced acquisition of the Company by entities affiliated with Sycamore Partners Management, L.P. (“Sycamore”). According to the preliminary results, approximately 96% of votes cast at the Special Meeting by all shareholders were voted in favor of the merge...

Walgreens Boots Alliance Reports Fiscal 2025 Third Quarter Results

DEERFIELD, Ill.--(BUSINESS WIRE)--Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today announced financial results for the third quarter of fiscal 2025, which ended May 31, 2025. Chief Executive Officer Tim Wentworth said: “Third quarter results reflect continued improvement in our U.S. Healthcare segment and benefits from our cost savings initiatives, while we continued to see weakness in our U.S. front-end sales. We remain focused on our turnaround plan, which will require time, disciplined foc...

Walgreens and KFF’s Greater Than Campaign to Offer Free HIV/STD Testing in Stores on June 27

DEERFIELD, Ill. & SAN FRANCISCO--(BUSINESS WIRE)--Walgreens and Greater Than HIV/STDs, a public information campaign from KFF, are joining with health departments and community organizations to provide free rapid HIV, syphilis and hepatitis C testing at more than 575 Walgreens stores on June 27 for the nation’s largest National HIV Testing Day (NHTD) event. With more than 415 local testing partners in nearly all states, Washington, D.C. and Puerto Rico, this year’s activation marks a record lev...
Back to Newsroom