Why hospital executives think Walmart Health failed

Why hospital executives think Walmart Health failed 
Becker's Health IT; by Giles Bruce; 5/1/24 
Health system leaders told Becker's they're not surprised by the failure of Walmart Health given the arduous economics of healthcare and the difficulty of providing primary care at scale.
Walmart said April 30 it would be closing its 51 Walmart Health Centers and virtual care offerings five years into its foray into healthcare. The company cited the "challenging reimbursement environment" and "escalating operating costs" that left its healthcare arm unprofitable.

Editor's Note: Features interviews with ...

• David Sylvan, chief strategy and innovation officer of Cleveland-based University Hospitals; 
• Ashis Barad, MD, chief digital information officer of Pittsburgh-based Allegheny Health Network;  
• Kiran Avancha, PhD, chief innovation officer of Scottsdale, Ariz.-based HonorHealth; 
• Saad Chaudhry, chief digital and information officer of Annapolis, Md.-based Luminis Health; 
• Richard Zane, MD, chief innovation officer of Aurora, Colo.-based UCHealth; 
• Roy Rosin, chief innovation officer of Philadelphia-based Penn Medicine; 
• Chris Coburn, chief innovation officer of Somerville, Mass.-based Mass General Brigham; 
• Michael Hasselberg, PhD, RN, chief digital health officer of University of Rochester (N.Y.) Medical Center.