Walmart Reverses Course, Closes Down Its Walmart Health Division

Walmart Reverses Course, , Closes Down Its , Walmart Health Division.

NBC reports that Walmart has announced it will close all 52 of the doctor-staffed health clinics the company operates.

The announcement comes as part of the company's decision to shut down its Walmart Health Initiative.

Clinics that will close down are located in Arkansas, Florida, Georgia, Illinois and Texas.

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On April 30, the company also said it would begin winding down its virtual care service.

The decision to end the Walmart Health Initiative will not reportedly impact Walmart pharmacies and vision centers.

Walmart said that it will work to direct current patients to other providers covered by their insurance networks to ensure they continue to receive care.

NBC reports that the news comes as a swift reversal of Walmart's plan to expand its number of doctor-staffed clinics to 70 by the end of 2024.

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, Walmart statement, via NBC.

Other nontraditional health care providers have also been forced to reconsider their plans in recent years.

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Last month, Walgreens announced that it would close 140 of the company's primary care clinics, along with plans to shut down 20 more.