The world's largest retailer wants to be your doctor too.
Walmart is stepping up its healthcare game with a leap into primary care. This is a bold move following limited success with its retail health clinics (opened 260; closed 166*). CVS and until last year, Walgreens, have been careful not to overstep into primary care - thus, minimizing the ire of local doctors. Contrary to that, Walmart's intention is for new clinics in South Carolina and Texas to act as a primary care provider. Given Walmart's geo footprint, their primary care concept may play out well as rural areas are traditionally underserved by primary care providers.
Expansion will continue by Walmart, as well as CVS and Walgreens. At stake, a greater slice of the Obamacare pie…or, is it goodwill they're after? >>Read more
Weigh in…would you call on Dr. Walmart?
*Merchant Medicine
As a mergers and acquisitions firm, MT Consulting specializes in the sale of privately held healthcare service businesses. Our blog highlights recent industry acquisitions and shares insight for potential sellers.
Showing posts with label Wal-Mart Clinics. Show all posts
Showing posts with label Wal-Mart Clinics. Show all posts
Tuesday, August 26, 2014
Monday, June 17, 2013
Retail Clinics Popular with High Earners
Now, Kalorama reports that retail clinics are favored more
by higher earning households. A survey of 2000 adults revealed
that “59% of survey participants who said
they used retail clinics had a household income of more than $50,000, while
only 16 percent had a household income of under $25,000.” Again, not a
big stretch...as higher earners are visiting stores more frequently.
As chain operators (Walgreen’s, CVS, Wal-mart, etc.)
continue to promote their in-store clinics and offer services attractive to
this income group (e.g.: camp physicals, weight loss programs), increased retail clinic visits is expected. >>Read more
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