Walmart's warehouse arm, Sam's Club, rolls out pilot healthcare program to members

October 08, 2019
CPG More...
“Better-for-You” Transformation More...
by Danielle Bradnan
Very important

Walmart's partnerships with telehealth provider 98point6 and diagnostics giant Quest not only reduce healthcare prices but also stabilize the company's outlook. Walmart's business model has historically been based on selling cheap goods from China at low prices and then leveraging its buying power over other manufacturers to reduce prices from local producers. With a trade war underway and increasing talk of an economic downturn, by meeting consumer demand for affordable (and largely preventative – read: lower-cost) healthcare, Walmart is bracing itself against economic uncertainty. Clients should be looking to branch into healthcare not only for financial ROI, but also as protection against similar uncertainties.

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