Get the latest tech news
Even Walmart thinks American healthcare is too expensive
Turns out healthcare wasn’t a “sustainable business model.”
Retail giants like Walmart, BestBuy, and Amazon have each tried to take their own share of Americans’ $3.6 trillion in health spending each year. “This is a difficult decision, and like others, the challenging reimbursement environment and escalating operating costs create a lack of profitability that make the care business unsustainable for us at this time,” Walmart said today. Walmart was competing with both established urgent care clinics and familiar rivals in retail with its venture into healthcare.
Or read this on The Verge
