January 6, 2023 – VillageMD announced it has completed the previously disclosed acquisition of Summit Health-CityMD, a leading provider of primary, specialty and urgent care.
In November 2022, VillageMD entered a definitive agreement to acquire Summit Health-CityMD for $8.9 billion with investments from Walgreens Boots Alliance, Inc. and Evernorth, the health services business of Cigna Corporation.
Serving all patients and operating in multi-payer mode with more than 680 provider locations in 26 markets, the companies are combining VillageMD’s platform and value-based care model with Summit Health-CityMD’s expertise delivering multispecialty and connected care.
VillageMD is conducting a national search for a president of the company, reporting directly to Barry. Dr. Jeff Le Benger, current chair and former CEO of Summit, will act as interim president.