Forbes April 30, 2024
Walmart is closing its Walmart Health centers and virtual care business, saying the retail giant doesn’t see a sustainable business model in primary care.
It’s the latest blow to the retail health clinic model with Walmart saying it will close its 51 Walmart Health centers in five states and Walmart Health Virtual Care, which is the retailer’s telehealth business. The centers will close in the next 30 to 90 days, the company confirmed Tuesday.
Walmart didn’t disclose how much the shutdown will cost the company, which spent tens of millions of dollars over the last five years opening primary care centers that were typically more than 5,000 square feet in size and included an array of primary care services, dental...