Forbes May 1, 2024
Bruce Japsen

As Walgreens and Walmart scale back their investments in physician-staffed health clinics, they are forging ahead into the lucrative business of specialty pharmacy.

Walmart Tuesday said it’s closing its 51 Walmart Health centers in five states and Walmart Health Virtual Care, which is the retailer’s telehealth business. Instead, Walmart will ramp up its efforts in pharmacy and specialty pharmacy.

“While we will no longer operate health centers, we will take what we learned as we provide trusted health and wellness services across the country through our nearly 4,600 pharmacies and more than 3,000 vision Centers,” Walmart said in a blog post announcing the end of its Walmart Health and Walmart virtual care businesses. “For 40 years, we have provided these...

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