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Walmart and other retail companies’ efforts to use a big box formula in healthcare have not gone as planned, The Wall Street Journal reported July 5.
Walmart announced plans to shutter all 51 health center locations and discontinue its virtual-care services in April. According to the Journal, the company was unable to establish a sustainable business model despite positive patient feedback.
Other players are also facing similar challenges. Following a series of clinic closures in multiple states, Walgreens Boots Alliance said in June it plans to reduce its stake in primary care provider VillageMD.
Walgreens Boots Alliance CEO Tim Wentworth said in a June 27 earnings call that the shift comes amid changing customer demographics and preferences,...
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