Big retail is positioned to shake up the healthcare industry. With more than 200 million weekly customers, Walmart may have the reach to do just that. Walmart’s interest in healthcare isn’t anything new.
“Walmart believes we have a right to make healthcare disrupted. We are doing that by providing all of the assets that we have, and our mission is to provide affordable, accessible, human-centered care to all of our associates and the communities we serve,” Dr. Cheryl Pegus, executive vice president of health & wellness at Walmart, said yesterday at HLTH.
“We have a lot of assets, and so if we believe that social determinants make up 40% of healthcare, ... personal behavior is another 30% of healthcare, and the actual clinical care is just 20%. Of that 90% we believe we have a right and are able to play in that space today.”