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Walgreens ready to embrace 'Cost Plus' drug model, CEO says

Walgreens' new CEO Tim Wentworth says the pressure is on to develop new drug pricing models following a recent shift in the retail pharmacy market "to give patients the Cost Plus experience."

"The plan designs the market has largely evolved to are creating this underlying demand to give patients the Cost Plus experience so that they don't have an odd surprise when they go to the pharmacy counter," Mr. Wentworth told investors Jan. 4. "The fact that there may be some more marketplace pull there only presents a sense of urgency for our team to do what we've already done and accelerate additional value creation."

Read more at Becker's Hospital Review

About the Author: This report was written for Becker's Hospital Review by Jakob Emerson.

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