Walmart to shut US health clinics venture after losses

90pc of the US population is within 16km of a Walmart. Photo: Getty

Siddharth Cavale and Granth Vanaik

Walmart said yesterday it will close all 51 of its health clinics and shut its virtual health care operations, saying it could not see it as a sustainable business model.

“Healthcare is expensive to run. We were finding that the increased labour and operating costs environment, like with reimbursement, both public and private, made it difficult (to run the business) and obvious we had to close,” Walmart spokeswoman Marilee McInnis told Reuters.