Money Control Place
  • Politics
  • Business
  • Stocks
  • Investing
  • Politics
  • Business
  • Stocks
  • Investing

Money Control Place

Business

Walmart to close 51 clinics as it shutters its entire Walmart Health division

by May 1, 2024
May 1, 2024
Walmart to close 51 clinics as it shutters its entire Walmart Health division

Walmart will close all 51 of its doctor-staffed health clinics as part of an announcement that its Walmart Health initiative is shutting down.

The clinics, located in Arkansas, Florida, Georgia, Illinois and Texas, had been open just a few years. Walmart also said Tuesday it is winding down its virtual care option.

Walmart pharmacies and vision centers will not be affected.

Patients with scheduled appointments will continue to be seen, and Walmart will make efforts to direct patients to high-quality providers in their insurance networks to ensure they continue to get care, CNBC reported.

The announcement marks a swift reversal for the retail giant. Just last month, Walmart said it was hoping to expand the number of doctor-staffed clinics to 70 by the end of this year.

But amid rising costs and competition, the company determined it could not financially justify the effort.

“Through our experience managing Walmart Health centers and Walmart Health Virtual Care, we determined there is not a sustainable business model for us to continue,” the company said in an announcement Tuesday announcing the move.

Offering health care services has proven difficult for nontraditional providers.

Last month, Walgreens said it had closed 140 of its VillageMD primary care clinics, with plans to shutter 20 more. A high-profile joint health venture between Amazon, Berkshire Hathaway, and JPMorgan Chase also failed several years ago, though Amazon continues to invest in One Medical, which it acquired last year and which has more than 125 locations.

About half the Walmart Health clinics were located in Florida, and last fall Walmart announced a partnership with Orlando Health,  a private, not-for-profit network of community and specialty hospitals. That effort, too, is winding down, CNBC reported.

This post appeared first on NBC NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
Highly successful quarter sees Boss make pivotal transition to global uranium producer
next post
McDonald’s rising prices pushing some diners away

Related Posts

U.S. engine maker facing largest Clean Air Act...

December 23, 2023

Judge blocks JetBlue-Spirit merger in a major win...

January 17, 2024

Disney drops all but free speech claim in...

September 12, 2023

ESPN plans to add user-generated content to upcoming...

February 21, 2025

Customers want instant gratification. Workers say it’s pushing...

August 2, 2023

Red Lobster says unlimited shrimp promotion was too...

December 2, 2023

If you haven’t started your Thanksgiving trip, you’re...

November 28, 2023

Alaska, United flight cancellations continue amid ongoing investigation...

January 12, 2024

Robinhood app says SEC dismissed crypto investigation in...

February 25, 2025

Ford recalling about 2 million Explorers over fears...

January 26, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • Joe Rabil’s Undercut & Rally Pattern: From DROP to POP

    • RRG Alert Tech Vaults to ‘Leading’—Is XLK Signaling a New Rally?

    • Coelacanth Energy

    • Jeffrey Christian: Gold, Silver, PGMs — Short-term Prices and Key Drivers

    • Ericsson, Rogers Launch Canada’s First Underground 5G Network for Smart Mining

    • Crypto Market Recap: Bitcoin Price Stalls as Fed Holds Rates Steady, Circle Shares Jump

    Categories

    • Business (1,259)
    • Investing (2,583)
    • Politics (3,699)
    • Stocks (1,669)
    • Uncategorized (20)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: MoneyControlPlace.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 moneycontrolplace.com | All Rights Reserved