Walmart to close 51 clinics as it shutters its entire Walmart Health division
It’s devastating to hear that Walmart is closing its 51 health clinics and shutting down its entire Walmart Health division. I had high hopes for what this could mean for affordable healthcare in the US. The reality of the situation, however, is disheartening. The closure of these clinics is a clear indication of the struggles within the healthcare industry, especially when it comes to profit margins and sustainability.
The fact that about half of the Walmart Health clinics were located in Florida sheds light on some of the underlying issues. Florida, with its demographic of older people on Medicare, highlights the challenges that healthcare providers face when it comes to reimbursements from insurance companies.… Continue reading