AXIOS May 1, 2024
Walmart’s decision to shutter its health clinics and virtual care services marks the most significant retrenchment yet from major retailers who sought to transform how health care is delivered.
Why it matters: With its economies of scale, Walmart might have seemed positioned to capitalize on patients’ desire for affordable and on-demand care. But the major retailers are still struggling to make the health care delivery business work.
Driving the news: Walmart had 51 in-store clinics with plans to open 28 more this year, a well as a nationwide telehealth offering under the Walmart Health brand.
- On Tuesday, the company announced it would close them down within three months after determining “there is not a sustainable business model.”
The...
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