BENTONVILLE (dpa-AFX) - Recently, Walmart (WMT) announced its decision to
close down its 51 health care centres across Arkansas, Florida, Georgia,
Illinois and Texas, arguing that 'there is not a sustainable business model for
us to continue.'

'The decision to close all 51 health centers across five states and shut down
the virtual care offering was not easy,' the company stated. 'We understand this
change affects lives - the patients who receive care, the associates and
providers who deliver care and the communities who supported us along the way.'

The health clinics, started in 2019 nearby Walmart Supercenters, offered
services such as lab and X-ray facilities, primary and emergency care, and
dental work.

'Health care looks like a big opportunity,' Walmart CEO Doug McMillion claimed
during the launch of first clinic.

However, 'challenging reimbursement environment and escalating operating costs'
declined the profitability of the business over the time.

The U.S.-based retailer said that the impacted employees would be given an
opportunity to shift to any other Walmart or Sam's Club store. If the employee
doesn't choose to transfer or leave the company, then they will receive payment
for 90 days.

After closing the clinics, Walmart said that it would prioritize pharmacies and
vision centers.

'Over the past few years, the importance of Pharmacies has continued to grow,
and we have expanded the clinical capabilities of the services we provide,' the
company added.

Walmart's pharmacies offer vaccination, testing facilities, and specialty
medication and care.



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