
Walmart Launches Digital Healthcare Site
The retail giant looks to disrupt the healthcare industry.
On the heels of Walmart offering health clinics in certain locations, the big-box retailer is adding on a digital healthcare site-
“This decision seems to be many years in the making, since Walmart retail clinics stand to be fantastic for consumers-just the shot in the arm the medical industry needs,” says Anthony Brooke, VP of strategy, product, partnerships and data analytics at GetWellNetwork, a digital consumer health tech company based in Bethesda, Maryland. “Technology is here to help healthcare systems build a better digital front door.”
In what Brooke calls “a bold move,” Walmart lists medical service prices on the site-$40 for a sick visit, $30 for a physical, and $45 for an eye exam.
“I salute Walmart for doing this,” Brooke says. “A price range of $59 to $99 sets expectations for the patient, whether he or she is insured or not. Patients fear medical bills more than they fear medical procedures, which means real-time pricing transparency would be even more beneficial for patients considering scheduling an appointment.”
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“I expect to see more crossover collaboration between hospital systems and retail clinics,” he says.
Beyond a possible
“Patients-first consumerism is not a fad. It is a successful business model to actively reach and engage patients when and how they are comfortable,” he says. “Doing so encourages them to take an active role in their own care, and our studies show engaged patients have better outcomes. Transparency in pricing and appointment availability will pay higher organizational dividends over marketing for net-new patients.
“When a patient visits a retail clinic, be it Walmart, Target, CVS, RiteAid, or Walgreens, the copay is not the only cash gained,” Brooke says. “While in store, there is a high likelihood that something else is purchased, thus increasing the total spend per customer. I am excited to see healthcare systems begin to take a similar total share of the medical spend approach to delivering great service, creating new partnerships that foster innovation and convenience. There are some true loyalty-generating opportunities in extending your ambulatory offerings with select regional retail clinics, utilizing technology to improve your digital front door and provide real-time patient obligations.”
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