Motley Fool October 15, 2019
Walmart is looking to shake up the healthcare game with a new one-stop-shop health services concept.
Retail giant Walmart’s exploration of expanding further into the healthcare market turned into action last month when the company opened its first Walmart Health center in Dallas, Georgia. Walmart has been working with healthcare professionals for the last year to design a one-stop-shop for affordable healthcare.
Health and wellness are already a large part of Walmart’s business model, with $35.79 billion in U.S. net sales in the fiscal year ending January 2019. That’s about 10.8% of the total. Included in that figure are prescription drug sales, vision services, medical product sales, over-the-counter drug sales, and services offered in its 19 Care Clinics, including...