{"id":5323,"date":"2024-04-30T15:07:38","date_gmt":"2024-04-30T15:07:38","guid":{"rendered":"https:\/\/medexperts.pro\/?p=5323"},"modified":"2024-04-30T15:29:40","modified_gmt":"2024-04-30T15:29:40","slug":"walmart-is-shutting-health-centers-after-plan-to-expand","status":"publish","type":"post","link":"https:\/\/medexperts.pro\/?p=5323","title":{"rendered":"Walmart Is Shutting Health Centers After Plan to Expand"},"content":{"rendered":"<div><\/div>\n<p id=\"article-summary\" class=\"css-1n0orw4 e1wiw3jv0\">The 51 locations, next to Supercenters, proved too costly to be profitable, the retailer said.<\/p>\n<section class=\"meteredContent css-1r7ky0e\">\n<div class=\"css-s99gbd StoryBodyCompanionColumn\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Walmart, the world\u2019s largest retailer, said Tuesday that it was shutting down its health care centers, a network that only last year it said it planned to expand.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">The retailer <a class=\"css-yywogo\" href=\"https:\/\/corporate.walmart.com\/news\/2024\/04\/30\/walmart-health-is-closing\" title rel=\"noopener noreferrer\" target=\"_blank\">said in a blog post<\/a> that its 51 health centers across five states would close. The centers were next to Supercenter locations. The plans won\u2019t affect the more than 4,600 pharmacies and more than 3,000 vision centers within Walmart stores.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Walmart started the health-care clinic initiative in 2019 in Dallas, Ga., with centers providing primary care, labs, X-rays and electrocardiograms, counseling, and dental, optical and hearing services. Many were in smaller towns where customers might lack access to quality care, and the company had said it was focused on affordability. In 2021, Walmart started offering a <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2021\/05\/07\/well\/therapy-pharmacy.html\" title>virtual option<\/a> when it acquired MeMD, a telehealth provider.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u201cThis is a difficult decision, and like others, the challenging reimbursement environment and escalating operating costs create a lack of profitability that make the care business unsustainable for us at this time,\u201d the company said Tuesday.<\/p>\n<\/div>\n<\/div>\n<div><\/div>\n<div class=\"css-s99gbd StoryBodyCompanionColumn\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Walmart said it was still deciding when it would close each center. In addition to Georgia, centers are in Arkansas, Florida, Illinois and Texas. <\/p>\n<p class=\"css-at9mc1 evys1bk0\">Workers within the centers will be paid for 90 days and will be eligible to transfer to other Walmart or Sam\u2019s Club locations, the company said.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Offering health care is more difficult than selling consumer goods like laundry detergent and car parts, said David Silverman, a retail analyst at Fitch Ratings, noting the layers of government and insurance providers involved.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u201cThe attempts to enter these spaces and some of the failures of doing so really underscore the challenges and complexities of operating in the U.S. health care space,\u201d Mr. Silverman said.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">In March 2023, Walmart said it <a class=\"css-yywogo\" href=\"https:\/\/corporate.walmart.com\/news\/2023\/03\/02\/walmart-health-nearly-doubles-in-size-with-launch-into-two-new-states-in-2024\" title rel=\"noopener noreferrer\" target=\"_blank\">planned to double<\/a> its health center locations. It said that by the end of 2024, it expected to have more than 75 Walmart Health Centers and expand to states like Missouri and Arizona.<\/p>\n<\/div>\n<\/div>\n<div><\/div>\n<div class=\"css-s99gbd StoryBodyCompanionColumn\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">In 2021, Amazon, Berkshire Hathaway and JPMorgan Chase <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2021\/01\/04\/business\/haven-amazon-berkshire-hathaway-jpmorgan.html\" title>ended<\/a> their high-profile joint health care venture, which sought to explore new ways to deliver health care to their employees. In March, Walgreens said it had closed 140 of its VillageMD clinics and planned to close 20 more.<\/p>\n<\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>The 51 locations, next to Supercenters, proved too costly to be profitable, the retailer said.Walmart, the world\u2019s largest retailer, said Tuesday that it was shutting down its health care centers, a network that only last year it said it planned to expand.The retailer said in a blog post that its 51 health centers across five states would close. The centers were next to Supercenter locations. The plans won\u2019t affect the more than 4,600 pharmacies and more than 3,000 vision centers within Walmart stores.Walmart started the health-care clinic initiative in 2019 in Dallas, Ga., with centers providing primary care, labs, X-rays and electrocardiograms, counseling, and dental, optical and hearing services. Many were in smaller towns where customers might lack access to quality care, and the company had said it was focused on affordability. In 2021, Walmart started offering a virtual option when it acquired MeMD, a telehealth provider.\u201cThis is a difficult decision, and like others, the challenging reimbursement environment and escalating operating costs create a lack of profitability that make the care business unsustainable for us at this time,\u201d the company said Tuesday.Walmart said it was still deciding when it would close each center. In addition to Georgia, centers are in Arkansas, Florida, Illinois and Texas. Workers within the centers will be paid for 90 days and will be eligible to transfer to other Walmart or Sam\u2019s Club locations, the company said.Offering health care is more difficult than selling consumer goods like laundry detergent and car parts, said David Silverman, a retail analyst at Fitch Ratings, noting the layers of government and insurance providers involved.\u201cThe attempts to enter these spaces and some of the failures of doing so really underscore the challenges and complexities of operating in the U.S. health care space,\u201d Mr. Silverman said.In March 2023, Walmart said it planned to double its health center locations. It said that by the end of 2024, it expected to have more than 75 Walmart Health Centers and expand to states like Missouri and Arizona.In 2021, Amazon, Berkshire Hathaway and JPMorgan Chase ended their high-profile joint health care venture, which sought to explore new ways to deliver health care to their employees. In March, Walgreens said it had closed 140 of its VillageMD clinics and planned to close 20 more.<\/p>\n","protected":false},"author":1,"featured_media":5325,"comment_status":"close","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[],"class_list":["post-5323","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-health"],"_links":{"self":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/5323","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5323"}],"version-history":[{"count":2,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/5323\/revisions"}],"predecessor-version":[{"id":5326,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/5323\/revisions\/5326"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/media\/5325"}],"wp:attachment":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5323"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5323"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5323"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}