Healthcare Innovation May 6, 2024
Walmart’s announcement that it was abandoning its health center strategy speaks to the challenges facing the disruptors in healthcare delivery
In an indication of how challenging the primary care retail clinic landscape has become, Healthcare Innovation Senior Contributing Editor David Raths reported on April 30 that, after five years, Walmart Inc. “announced that it is closing 51 Walmart Health centers as well as Walmart Health Virtual Care. The Arkansas-based retail giant said that due to a challenging reimbursement environment and escalating operating costs, it is not a sustainable business model to continue,” he wrote, adding that “The company will continue to operate 4,600 pharmacies and more than 3,000 vision centers.”
Interestingly, as Raths noted, “As recently as last year, the...
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