Walmart abruptly shuts down health clinics amid Texas expansion

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As it was preparing to open 18 health clinics in Texas, Walmart decided the business wasn’t sustainable due to high operating costs and lower reimbursements...

High operating costs and lower reimbursements from insurance companies prompted the retailer to ditch plans.Three clinics opened in Houston earlier this month and others were scheduled to open this week in DeSoto and Fort Worth. Several hundred jobs will be affected, but a number wasn’t available.were in the works for Walmart stores in D-FW and Houston this year. Since 2019, Walmart has opened 50 clinics inside stores in Arkansas, Florida, Georgia, Illinois and Missouri.

Overall reimbursements from insurers and cash payers are challenging, a spokesperson said. Walmart will report first-quarter earnings in May, but the costs associated with shutting down the health clinics aren’t expected to be material.senior vice president of health care delivery at Walmart, said by locating clinics in stores, health care was more accessible to more people.

Source: News Formal (newsformal.com)

 

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