Key Points:
- Walmart has announced it will close all 51 of its health centers located in five states, along with its telehealth business, which have been operational for five years providing low-cost medical care.
- The closures are attributed to escalating operational costs and a challenging reimbursement environment, leading Walmart to conclude that there is not a sustainable business model to continue these services.
- The health centers, located next to Walmart Supercenters, offered a variety of services including medical, dental, and behavioral health care.
- Post-closure, Walmart plans to concentrate its health business efforts on nearly 4,600 pharmacies and over 3,000 vision centers across the U.S., expanding services like testing, treatment, and health screenings.