Walmart said clinics are not a sustainable business model due to a challenging reimbursement environment for primary care and increasing operating costs.
Walmart said it will close all of its healthcare clinics across the country, a stunning reversal of its plans to bring its low-priced reputation to the dentist and doctor office along with the grocery aisle.
Walmart will close 51 clinic locations across Arkansas, Florida, Georgia, Illinois and Texas, plans that won't affect the company's 4,600 pharmacies and more than 3,000 vision centers, the company said in a release. The clinic will close over the next 45 to 90 days, two people familiar with the matter told CNBC.
Those health-care services came with a low price tag, such as $30 for an annual check-up for adults, $45 for a 45-minute counseling session or as little as $25 for an adult teeth cleaning.
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