Becker's Healthcare December 26, 2024
Walmart, CVS and Walgreens faced major headwinds in 2024 as their efforts to push into primary care faltered.
Here are 10 notes on major moves and updates signaling the failure of primary care:
Walmart
1. In April, Walmart Health announced it would close all 51 of its health centers across five states. The retailer also revealed plans to shut down its Walmart Health Virtual Care services.
2. Following the announcement, Walmart conducted layoffs at its corporate headquarters in Phoenix, letting go of 74 employees tied to its Walmart Health Virtual Care operations.
CVS Health
3. In 2023, CVS Health spent $10.6 billion to acquire primary care company Oak Street Health, which has since been a “money losing asset,”...
Today's Sponsors
Today's Sponsor