Walmart to shutter health centers, virtual care service in latest failed push into health care
Publishing timestamp: 2024-04-30 09:50:31
Summary
Walmart is closing all of its health-care clinics across the country due to challenges in the reimbursement environment and rising costs. This move is a reversal of its plans to bring low-priced health services to its customers. The closure will not affect the company's pharmacies and vision centers.
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Tickers: WBA, AMZN, BRK.A, BRK.B, WMT, JPM,
Keywords: walmart inc, business, labor economy, business news, breaking news, breaking news: business, pharmaceuticals, retail industry, prices, health care industry, berkshire hathaway inc, amazon.com inc, walgreens boots alliance inc, biotech and pharmaceuticals, jpmorgan drn, biotechnology,
Source: https://www.cnbc.com/2024/04/30/walmart-to-shutter-health-centers-virtual-care-service.html