Keckley Report July 13, 2020
Healthcare delivery in the U.S. is big business: annual spending for hospitals, physicians, allied health professionals, post-acute services and the prescriptions and tests they order represents almost 80% of the $3.8 trillion we spend. They’re the insiders.
In recent months, outsiders have stepped up their investments in healthcare delivery: consider these announcements last week:
Walmart
Last week, Walmart announced its entry in the health insurance sector by selling a Medicare Advantage plan from Walmart Insurance Services in Texas later this year. It also announced a partnership with PBM startup Capital Rx, which provides health plans real-time information on prescription drug prices. It is also building out its Community Health Centers that offer primary care, optometry, counseling, audiology, fitness and...