Can retailers provide local healthcare?

Walmart and Best Buy are betting the answer is yes


National retailers, including Walmart and Best Buy, are making big bets on their ability to fill the need for local healthcare, according to an article on the Harvard Business Review website.

E-retailers have left these companies with two sets of resources — large store locations and low-wage employees who are at risk of losing their jobs, article said.

Recent announcements from Walmart and Best Buy suggest they may see local healthcare as a way to redeploy their staffs.

In September, Walmart opened its first Walmart Health clinic near its existing store in Dallas, Ga. Best Buy recently suggested it wants to become known as a healthcare company, not just an electronics retailer by spending approximately $1 billion to acquire three companies that provide either healthcare monitoring services for seniors or broader services in the area of healthcare analytics.

Read the article.



November 7, 2019


Topic Area: Industry News


Recent Posts

Healthcare Is the New Retail

How site selection strategies are shaping the future of medical real estate.


Bridgeway Behavioral Health Services Launches Campaign to Renovate Health Center

The $2 million capital campaign aims to renovate and expand the outpatient behavioral health center in Elizabeth, New Jersey.


Ground Broken for New North Dakota State Hospital

The 300,000-square-foot facility in Jamestown will provide 140 beds in a modern, trauma-informed care environment.


AI Usage for Healthcare Facilities

People in all industries are finding more use cases for artificial intelligence.


Ground Broken on Pelican Valley Senior Living Modernization Project

It is expected to reach completion in early-mid 2027.


 
 


FREE Newsletter Signup Form

News & Updates | Webcast Alerts
Building Technologies | & More!

 
 
 


All fields are required. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.