Walmart, UnitedHealth in 10-Year Pact to Offer Healthcare
September 07 2022 - 7:24AM
Dow Jones News
By Chris Wack
Walmart Inc. and UnitedHealth Group said they have entered into
an initial 10-year, wide-ranging collaboration to offer affordable
health services.
The collaboration will start in 2023 with 15 Walmart Health
locations in Florida and Georgia, and expand into new areas over
time, ultimately serving hundreds of thousands of seniors and
Medicare beneficiaries in value-based arrangements through multiple
Medicare Advantage plans.
The companies said UnitedHealth's Optum business would help
support Walmart Health clinicians through analytics and decision
support tools to deliver comprehensive value-based care for seniors
and Medicare beneficiaries.
Beginning in January 2023, the collaboration will include a
co-branded Medicare Advantage plan in Georgia, UnitedHealthcare
Medicare Advantage Walmart Flex. Also in January 2023, Walmart
Health Virtual Care will be in network for commercial members in
UnitedHealthcare's Choice Plus PPO plan, giving consumers another
option to access care when and where they want it, the companies
said.
The collaboration aims to serve people, including those across
commercial and Medicaid plans, by providing access to fresh food
and enhancing current initiatives to address social determinants of
health, over-the-counter and prescription medications, and dental
and vision services, the companies said.
Write to Chris Wack at chris.wack@wsj.com
(END) Dow Jones Newswires
September 07, 2022 07:09 ET (11:09 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
Walmart (NYSE:WMT)
Historical Stock Chart
From Jul 2024 to Aug 2024
Walmart (NYSE:WMT)
Historical Stock Chart
From Aug 2023 to Aug 2024