Walmart's Big Test In Digital Health Revolution: Bringing Healthcare Online For Employees With Expanded, Cost-Effective Virtual Primary Care
Portfolio Pulse from Nabaparna Bhattacharya
Walmart Inc. (NYSE:WMT) is expanding its virtual primary care services, allowing employees and their families to develop long-term relationships with doctors across the country. The company launched a pilot in three states in 2020 and expanded it to 21 states in 2023 after seeing success. The service has led to a decrease in medical costs by about 10%. Included Health will provide the expanded online access from Oct. 14. The move is expected to be a 'big test' of how much treatment can shift to the internet.
October 10, 2023 | 5:29 pm
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Walmart's expansion of its virtual primary care services could potentially lead to cost savings and improved health outcomes for its employees. This move could also enhance the company's reputation as a responsible employer, potentially attracting more talent and boosting employee morale.
The expansion of Walmart's virtual primary care services is directly related to the company's operations and could have significant impacts. The potential cost savings and improved health outcomes could enhance the company's financial performance and reputation. The news is highly relevant as it directly pertains to Walmart's operations and could have a significant impact on its stock price.
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