Yet, amid this tempestuous sea, industry observers did not expect the crew of Walmart to raise the white flag of defeat on its healthcare effort.
...it is shuttering Walmart Health division because 'there is not a sustainable business model' for the venture to continue.
Walmart's decision reflects just how difficult it is to achieve profitability in the primary care and telehealth markets - and how this challenge is being exacerbated by rising healthcare costs, labor shortages and outdated business models.
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