BusinessWalmart is closing 51 clinics and closing its Walmart Health division as...

Walmart is closing 51 clinics and closing its Walmart Health division as a whole.

The retail behemoth only revealed intentions to grow the program last month.

In Short

  • Walmart closes 51 doctor-staffed health clinics as part of ending its walmart health project.
  • Financial reasons cited for the decision despite recent growth intentions.
  • Other healthcare providers, like walgreens, facing similar challenges.

TFD – Discover the impact of Walmart’s decision to end its health program, including the closure of doctor-staffed clinics and the implications for healthcare services.

A Walmart store
A Walmart store

As part of the announcement that its Walmart Health project is ending, Walmart has decided to close all 51 of its doctor-staffed health clinics.

The clinics had only been operating for a few years when they were situated in Texas, Florida, Georgia, Illinois, and Arkansas. Also, Walmart said on Tuesday that it is discontinuing its virtual care service.

There won’t be any impact on Walmart vision centers or pharmacies.

According to CNBC, Walmart will try to connect consumers with top-notch providers in their insurance networks so they may continue receiving care. consumers with scheduled appointments will still be seen.

The retail behemoth quickly reverses course after making this declaration. Walmart stated just a month ago that it hoped to increase the number of clinics with doctors on staff to 70 by the end of the year.

However, the business concluded that it could not financially justify the endeavor in light of growing expenses and competition.

“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.

For atypical providers, providing healthcare services has proven to be challenging.

Walgreens announced last month that it had shut down 140 VillageMD primary care clinics and that it intended to close 20 more. A well-known collaborative health project with Berkshire Hathaway, JPMorgan Chase, and Amazon also faltered a few years ago; nevertheless, Amazon is still investing in One Medical, which it purchased last year and which has over 125 locations.

Conclusion

The closure of Walmart’s doctor-staffed clinics signals a shift in the healthcare landscape, highlighting challenges for non-traditional providers. This decision reflects broader financial considerations impacting healthcare services.

— ENDS —

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