Becker's Healthcare October 11, 2024
It’s been a tough year for retail companies looking to lean into healthcare delivery.
In April, Walmart Health announced the closure of all 51 of its health centers across five states and the shutdown of its Walmart Health Virtual Care services. Walgreens has been closing dozens of VillageMD clinics and considering more ways to step back. CVS Health announced thousands of layoffs and has hired bankers for a strategic review of the company.
While these developments raise concerns about patient access, they also offer a moment of validation for health system leaders who are all too familiar with the complexities of navigating healthcare’s volatile business and economic landscape.
However, it’s crucial not to underestimate the potential impact of...