Walmart has held talks to sell its shuttered medical clinics, Fortune
reports
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[July 03, 2024]
(Reuters) -Walmart has held talks with potential buyers to sell
its already shuttered medical clinics, Fortune reported on Tuesday,
citing multiple sources familiar with the matter.
In April, Walmart decided to close all 51 of its health clinics and shut
its virtual healthcare operations, saying it could not see them as a
sustainable business model to continue.
The report added that some of the talks have involved health insurance
companies, including Fortune 50 firm Humana.
Although it is unclear whether any of the talks are ongoing, Walmart has
made it clear through the process that it is attempting to recoup some
of its massive investment in the clinics through a sale or other
takeover arrangement, the report added.
Walmart declined to comment while Humana did not immediately respond to
a Reuters request for comment.
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![](../images/070324PIX/health12.jpg)
A view shows the logo of a Walmart store in Ciudad Juarez, Mexico
June 24, 2024. REUTERS/Jose Luis Gonzalez/File Photo
![](http://archives.lincolndailynews.com/2024/Jul/03/images/ads/current/aeps_lda_013124.png) Last week, Walmart sold MeMD, its
virtual care subsidiary, to healthcare technology startup Fabric for
an undisclosed value.
(Reporting by Anuja Bharat Mistry in Bengaluru; Editing by Alan
Barona and Krishna Chandra Eluri)
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