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Walgreens CEO and Walgreens CFO: New Business Model Around Health Care Reform

The GOP's assertion that it will repeal President Obama's Heath Care Reform Initiative coulc wreck the new business model Walgreens unveiled at its analyst meeting Thursday. Walgreens CEO Greg Wesson, Walgreens Executive Vice President and Chief Financial Officer (CFO) Wade Miquelon and other Walgreens executives, specifically Walgreens President of Pharmacy Services, Kermit Crawford, presented the store retailer's new strategy: being a health care provider.

The presentation shows that the GOP, contrary to its claims, has not listened to American Business. Walgreens executives explained that they expect a demand for 32 million health care customers that were not in the system before. As Kermit Crawford explained, Walgreens is well-positioned to take up the "demand void." And Wade Miquelon added that Walgreens is "embedding continuous process improvement and innovation into the fabric of our company," in an effort to handle that demand.

Greg Wesson informed that Walgreens serves 6 million customers a day, and is the largest business of its kind with the capacity to take on its new role.

GOP House Minority Leader John Boehner and Republican Party Chairman Michael Steele should take note of Walgreens initiative and eliminate their attack on Health Care Reform.  To continue it would show America that the GOP is not pro-American business.
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