BEAMSTART Logo

Walmart to Shutdown Health Centers Amid "Lack of Profitability" Concerns

Retail Dive LogoRetail Dive2w ago

 Walmart to Shutdown Health Centers Amid "Lack of Profitability" Concerns - Retail Dive

Quick Summary:

The retailer also plans to end telehealth services, citing operational costs and reimbursement complexities that made its healthcare business unsustainable.

Walmart’s decision is a major reversal of previously announced plans to expand its health center footprint.

Associates who worked for Walmart's health centers will have an opportunity to transfer to another position within the company.


More Pictures

 Walmart to Shutdown Health Centers Amid "Lack of Profitability" Concerns - Retail Dive (Picture 1) Walmart to Shutdown Health Centers Amid "Lack of Profitability" Concerns - Retail Dive (Picture 2) Walmart to Shutdown Health Centers Amid "Lack of Profitability" Concerns - Retail Dive (Picture 3) Walmart to Shutdown Health Centers Amid "Lack of Profitability" Concerns - Retail Dive (Picture 4)

or

Article Details

Author / Journalist: Nate Delesline III

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-04-30 @ 12:32:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: retaildive.com

Language: English

Article Length: 571 words

Reading Time: 4 minutes read

Sentences: 26 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Retail Dive

News ID: 20840572

View Article Analysis

About Retail Dive

Retail Dive Logo

Main Topics: Business

Official Website: retaildive.com

Year Established: 2012

Headquarters: United States

News Last Updated: 2 days ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #97

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story " Walmart to Shutdown Health Centers Amid "Lack of Profitability" Concerns" has 571 words across 26 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Which news outlet covered this story?

The story " Walmart to Shutdown Health Centers Amid "Lack of Profitability" Concerns" was covered 2 weeks ago by Retail Dive, a news publisher based in United States.

How trustworthy is 'Retail Dive' news outlet?

Retail Dive is a fully independent (privately-owned) news outlet established in 2012 that covers mostly business news.

The outlet is headquartered in United States and publishes an average of 0 news stories per day.

It's most recent story was published 2 days ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #20840572
  • URL: https://beamstart.com/news/walmart-to-close-health-centers-17144974812665

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2024 BEAMSTART. All Rights Reserved.