For the third time in four years, Walgreens (NYSE: WAG) (Nasdaq: WAG) has been selected by Fast Company Magazine as one of the health care industry’s most innovative companies, as part of the magazine’s “World’s Most Innovative Companies” issue.
Walgreens was recognized for leadership and innovation in health care services, including the company’s ongoing transformation of community pharmacy highlighted by its Well Experience store format; its combination of health and technology through development of award-winning mobile applications and web tools to help people manage their health; and its public-private initiatives with organizations such as the Centers for Disease Control and Prevention (CDC) and Department of Health and Human Services to improve access to health care services, while creating a new standard for the patient-pharmacist relationship.
“Against the backdrop of an increasingly challenging and changing health care environment, innovation is critical to the development of programs, services and other tools that can help people get, stay and live well,” said Kermit Crawford, Walgreens president of pharmacy, health and wellness. “We’re proud to again be recognized by Fast Company as one of the most innovative companies in health care, and thankful to have a great team that’s focused on finding new and different ways to improve our customers’ health and the communities we serve.”
Walgreens has a rich history of innovation spanning more than 110 years. In 2012, Walgreens introduced or expanded a number of significant programs and initiatives that contributed to its inclusion by Fast Company, such as:Transforming the Community Pharmacy Experience Walgreens continues to pioneer new ways to provide greater patient access to expanded health care services. Through its Well Experience store model, pharmacists are taken out from behind the counter to provide more patient counseling, offer clinical services and answer questions. By making community pharmacists more accessible, as well as through its more than 370 Take Care Clinics located at select Walgreens across the country, the company aims to create better health outcomes and generate cost savings for patients, payers and the health care system.
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