Home Health Care News May 2, 2024
Health care is hard – an idea reinforced this week when Walmart (NYSE: WMT) announced the abandonment of its previously grand health care ambitions.
There may be a day when the country’s largest retailers, including Walmart, become major players in home-based care delivery, but today is not that day. And other recent developments suggest tomorrow won’t be either.
Over the past half decade, retailers such as Walgreens Boots Alliance (Nasdaq: WBA), CVS Health (NYSE: CVS), Amazon (Nasdaq: AMZN), Walmart and Best Buy (NYSE: BBY) have jumped head first into home-focused health care.
Each company teased an entrance into some sort of home-based health care, then moved quickly. One initiative after another was announced.
But Walmart and Amazon – two of...