BENTONVILLE, Ark. — Walmart executives hosted a series of store tours and briefings in advance of its company shareholders meeting last week, reported DSN sister publication Retailing Today.
"Disruption in the health care space could be coming. Walmart opened its first owned health care clinic in Copperas Cove, Texas, recently and introduced a pricing model eerily similar to the flat rate $4 and $10 generic drug programs launched eight years ago," noted RT editor Mike Troy.
"Except in this case, Walmart associates can see a primary care doctor at the clinic for $4 and customers pay $40. The clinic will serve about 4,500 employees who work in proximity to the store, according to Labeed Diab, Walmart’s president of health and wellness (pictured here). It is a way for Walmart to provide convenient and almost free access to health care for associates and because Walmart avoids the expense of having associates visit other doctors it can used the saving to offer a reduced price to customers."
For more on Walmart's annual shareholders' meeting, including 10 key takeaways for suppliers, click here.