Walmart’s healthcare strategy took an abrupt turn Tuesday, as the company announced plans to shutter all clinics and stop virtual care services. Industry watchers say Walmart’s decision to close all 51 centers isn’t surprising, given the steep challenges retailers face to profitably deliver healthcare services. Retailers have increasingly disrupted the healthcare industry over the last few years, investing billions of dollars into convenience-based services, touting them as a better alternative to traditional providers. The disruptors have found healthcare to be very different from retail.
Read the full article: Why Walmart, Walgreens Struggle to Make Healthcare Profitable //
Source: https://www.modernhealthcare.com/providers/walmart-walgreens–healthcare-disruptors