Dollar General Announces Plans to Increase Access to Health Care Products & Services, Expanding Health Offerings in Rural Com...
July 07 2021 - 6:55AM
Business Wire
Albert Wu, M.D. Joins DG in Newly Created Chief
Medical Officer Role
Dollar General Corporation (NYSE: DG) today announced the
planned expansion of its healthcare offering to continue to meet
more of its customers' needs and establish itself as a health
destination. Among other things, this will include an increased
assortment of cough and cold, dental, nutritional, medical, health
aids and feminine hygiene products across many of its Dollar
General stores.
This effort marks the first major step in Dollar General’s
strategic journey toward increasing access to healthcare
offerings.
With 75% of the U.S. population living within approximately five
miles of one of Dollar General’s 17,000+ stores, the Company
recognizes the unique access it provides to rural communities often
underserved by other retailers as well as the existing healthcare
ecosystem. The Company’s commitment to expanding its health
offerings is underpinned by its existing infrastructure, robust
supply chain and current complementary health and nutrition
assortment.
“At Dollar General, we are always looking for new ways to serve,
and our customers have told us that they would like to see
increased access to affordable healthcare products and services in
their communities,” said Todd Vasos, Dollar General’s CEO. “Our
goal is to build and enhance affordable healthcare offerings for
our customers, especially in the rural communities we serve.”
Dollar General also announced the appointment of Albert Wu, M.D.
to the newly created position of Vice President, Chief Medical
Officer. In this role, Dr. Wu will help to develop DG’s new health
care services efforts by establishing and strengthening
relationships with current and prospective healthcare product and
service providers to build a comprehensive network of affordable
services for DG customers.
“We’re excited to welcome Albert to our team and to put a
greater emphasis on wellness in the communities we serve,” said
Vasos. “His impressive experience brings a unique perspective to
our operations and will be critical as we look to develop our
health care services offering.”
Dr. Wu joins Dollar General from McKinsey & Company, where
he has worked since 2016. During that time, he led a team to create
a total cost of care model for 250,000 rural healthcare patients;
oversaw multiple hospital provider turnarounds totaling $2-5
billion in revenue; designed a digitally-driven healthcare
insurance product offering; and provided guidance to analysts
modeling ventilation and pharmaceutical needs to support pandemic
relief efforts. Prior to that, Dr. Wu was an anesthesiology
resident, delivering direct care to patients in a variety of care
settings. He joined the Company on July 6 and reports to Jeff Owen,
Dollar General’s Chief Operating Officer.
About Dollar General Corporation Dollar General
Corporation has been delivering value to shoppers for more than 80
years. Dollar General helps shoppers Save time. Save money. Every
day.® by offering products that are frequently used and
replenished, such as food, snacks, health and beauty aids, cleaning
supplies, basic apparel, housewares and seasonal items at everyday
low prices in convenient neighborhood locations. Dollar General
operated 17,426 stores in 46 states as of April 30, 2021. In
addition to high-quality private brands, Dollar General sells
products from America's most-trusted manufacturers such as Clorox,
Energizer, Procter & Gamble, Hanes, Coca-Cola, Mars, Unilever,
Nestle, Kimberly-Clark, Kellogg's, General Mills, and PepsiCo.
Learn more about Dollar General at www.dollargeneral.com.
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