Walmart announces closure of all health center clinics, citing profitability concerns

by JACKSON SINNENBERG | The National DeskPeople wearing protective masks shop in a Walmart store on May 18, 2021 in Miami, Florida. o a lack of profitability.

Walmart opened its first health center clinic in the town of Dallas, Georgia as other chain retailers like pharmacies CVS and Walgreens and other big box retailers like Target all started offering retail medical services at some locations throughout the 2010s. Walmart, like other brick-and-mortar retail operations, also sought to expand into other industries and possible income streams as Amazon began to swallow the market share of general goods sales as it grew exponentially that decade .

The prices are affordable without insurance , and the potential is huge. ... Like Walmart’s merchandise suppliers, doctors and other medical pros may need to adjust to the retailer’s everyday low prices. However, both Walgreens and Amazon are also facing financial downturns in their healthcare operations as well, as Reuters reports that Walgreens is planning to close 160 of its VillageMD primary care clinics after losing $5.8 billion on its purchase last year while Amazon will lay off a few hundred staff from One Medical.

Source: Healthcare Press (healthcarepress.net)

Health Centers Profitability Clinics Closure Retail Medical Costs

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Walmart to close 51 clinics as it shutters its entire Walmart Health divisionRob Wile is a breaking business news reporter for NBC News Digital.
Source: NBCNewsHealth - 🏆 707. / 51 Read more »

Walmart unveils state-of-the-art consolidation center in Minooka, creating 700 jobsRetail giant Walmart unveiled its latest technological marvel on Thursday with the grand opening of a new consolidation center in Minooka, Illinois.
Source: fox32news - 🏆 547. / 51 Read more »

Walmart plans to close all of its health centers and halt its telehealth serviceThe closures will not impact the thousands of vision centers and pharmacies Walmart operates.
Source: 10News - 🏆 732. / 50 Read more »

Walmart to close all of its health centers, 6 local centers will be impactedA big announcement from the largest retailer in the US -- all 51 Walmart Health centers are closing. The centers offered virtual health care services, primary and urgent care, labs, X-rays, behavioral health, and dental work in some locations. There are six Walmart Health Centers in our area.
Source: wjxt4 - 🏆 246. / 63 Read more »

Walmart Just Launched an Affordable, Chef-Inspired Grocery LineYour ultimate source for expert nutrition tips and health advice, covering wellness, healthy recipes, cooking hacks, food news, style trends and shopping.
Source: EatThisNotThat - 🏆 294. / 63 Read more »

Walmart launches its largest private grocery brand in decadesWalmart launched a new private food brand with hundreds of items across a variety of categories. This comes as private brands continue to gain market share.
Source: FoxBusiness - 🏆 458. / 53 Read more »