Business Mag Search: Futures
Walmart is slowing its healthcare push
17 days ago - By Business Insider
Summary List Placement Hello,
Hope you all had a lovely short week! I spent my day yesterday out skiing. While it was strange to take a random weekday off, it was lovely to avoid the crowds on the weekends.
In the meantime, the rest of the healthcare team held down the fort, covering everything from the future of coronavirus treatments and vaccines, having a chat with CVS Health's new CEO Karen Lynch, and getting the scoop on the state of Walmart's healthcare ambitions .
Inside Walmart Health's changing plans
It's been about two years since we first started hearing about Walmart's latest...
Read more ...Walmart is slowing its ambitious push into healthcare, employees and leaked documents reveal
17 days ago - By Business Insider
Walmart is already rolling back its bold clinic strategy.
Walmart Health
In 2018, Walmart 's board of directors approved a bold plan to scale to 4,000 clinics by 2029. The timeline laid out a net investment of $3 billion, not counting profits from the clinics, and a rollout strategy, according to a February 2019 presentation to the board obtained by Insider .
The vision was backed by former Walmart US CEO Greg Foran, the health team's biggest champion who left Walmart in 2019. And it was dreamed up by Sean Slovenski , who Foran asked to come up with a big idea in healthcare as Walmart's...
Read more ...2 years ago, Walmart secretly signed off on a plan to build thousands of health clinics. Now it's slowing its ambitious push into healthcare
17 days ago - By Business Insider
Summary List Placement Walmart's ambitious plan to build thousands of low-cost health clinics across the country is slowing down, less than two years after the retail giant embarked on a big push to expand access to primary care.
Walmart launched its first comprehensive health center in September 2019. The one-stop-shop clinics were an attempt to leapfrog the competition and capture a piece of the $3.8 trillion industry, while sending more people into Walmart stores.
In an industry notorious for opaque prices, the health centers sought to disrupt the space with transparent cash prices for...
Read more ...
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