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Headline : Walmart announces closing of clinics and virtual care

Read more from the original article on here at www.mobihealthnews.com.





Tags : #walmart #announces #closing #clinics #virtual #care


No. of Paragraph 23

Walmart is closing Walmart Health and Walmart Health Virtual Care, saying the business model was not profitable nor sustainable. 

"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 by statement. "The decision to close all 51 health centers across five states and shut down the virtual care offering was not easy."

Walmart said the challenging reimbursement environment and escalating operating costs created a lack of profitability.

It does not yet have a specific date for when each center will close, but would share that information "as soon as decisions are made."

Read more from the original article on here at www.mobihealthnews.com.


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