Economic Rules Hub
  • World
  • Politics
  • Business
  • Investing
Home Business Walmart to close 51 clinics as it shutters its entire Walmart Health division
Business

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

by admin May 1, 2024
May 1, 2024

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
FacebookTwitterPinterestEmail
previous post
King Charles returns to public duties in visit to cancer treatment center
next post
Walmart launches new grocery brand as it tries to hang on to inflation-fueled growth

Related Posts

JPMorgan marks 1,000th branch opening since 2018 expansion plans

August 1, 2025

Apple crushes Wall Street expectations as iPhone sales soar

August 1, 2025

Ontario cancels internet deal with Musk’s Starlink as part of...

August 1, 2025

Trump ends de minimis exemption for global low-cost goods

July 31, 2025

Recall warns some Celsius energy drink cans accidentally contain alcohol

July 31, 2025

Union Pacific to buy Norfolk in $85 billion mega U.S....

July 30, 2025

    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.

    Recent

    • Trump closes week with plans to reposition subs amid heightened Russia tension, new tariffs

      August 3, 2025
    • Trump 1.0 alums share chilling Google message from before second-term return: ‘LAWFARE at its finest’

      August 3, 2025
    • Dems dig in, Trump demands all: Nominee fight boils over in Senate as GOP looks for a deal

      August 3, 2025
    • Pirro confirmed as D.C. U.S. Attorney amid partisan clash as Dem nominee blockade continues

      August 3, 2025
    • Ex-Trump prosecutor Jack Smith under investigation by government watchdog Office of Special Counsel

      August 3, 2025

    Categories

    • Business (1,473)
    • Investing (3,805)
    • Politics (5,064)
    • World (4,720)
    • Email Whitelisting
    • Terms and Conditions
    • Privacy Policy
    • Contacts
    • About us

    Disclaimer: EconomicRulesHub.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 © 2024 EconomicRulesHub.com | All Rights Reserved

    Economic Rules Hub
    • World
    • Politics
    • Business
    • Investing