Walmart closing 51 health centers over lack of profitability

Walmart on Tuesday announced the closure of all its health clinics and related telehealth services, citing a lack of profitability.

The Arkansas-based retailer said it decided to shutter all 51 Walmart Health centers and the Walmart Health Virtual Care offerings after realizing it wasn't a sustainable business model. The company opened the centers in 2019. 

"This is a difficult decision, and like others, the challenging reimbursement environment and escalating operating costs create...