Walmart, America's biggest retailer, this week opened a health clinic that has primary care, dentistry, and counseling services. As we reported this week, that's just the start.
As they report, the retailer opened a health clinic in Dallas, Georgia, on Friday. It plans to open another in Calhoun, Georgia. If everything goes well, Walmart could soon be the largest provider of basic healthcare in the region.
The goal, according to Slovenski, is to do for healthcare what Walmart's supercenter stores did for retail. As Zach and Lydia report:
Slovenski said Walmart planned to offer the doctor visits, dental cleanings, and lab tests at prices that are about 30 to 50% below what people have been paying, in part by cutting out middlemen when possible and using Walmart's massive size to negotiate. The clinics will also take insurance, he said.
As a reminder, you can sign up to get more stories like this via BI's weekly healthcare newsletter Dispensed right here.
What have I missed? Get in touch.
-- Matt
Jackal Pan/Getty Images; Jacqueline Larma/AP Images; Samantha Lee/Business Insider
What's going on at WeWork?
The coworking company could now go public with a valuation of as little as $10 billion, down from a private market valuation of $47 billion. Here's our latest:
The WeWork debacle is a black eye for SoftBank. As Troy Wolverton reports, venture investors still aren't sure what to make of the $100 billion Vision Fund. Depending on who you ask, they're either rooting for it, or gleeful that it's struggling with WeWork and Uber.
Finance and Investing
Goldman Sachs is offering buyouts to encourage partners to leave as CEO David Solomon looks to shrink the firm's most senior ranks and restore some exclusivity to one of Wall Street's most prestigious titles.
Meet the 8 Blackstone dealmakers who insiders say are the firm's future
It seems the Blackstone Group, with more than half a trillion in assets, owns just about everything. Whether you're spending a night in a hotel or just going to the office, there's a good chance you're inhabiting space owned, at least in part, by Blackstone.
An ongoing legal battle between the high-powered hedge fund D.E. Shaw and a former executive of a portfolio company is shining light on the difficulty of valuing private companies.
Tech, Media, Telecoms
Growing up in India, George Kurian and his twin brother Thomas enjoyed playing pranks at home and in school by taking advantage of the fact that they look so much alike.
IBM was once the undisputed star of enterprise tech â the company that sold the hardware and software running many of the business world's computer networks.
Quartz, a quirky but admired business news startup, made headlines in July 2018 when it sold for $86 million to a Japanese media company.
Healthcare, Retail, Transportation
3 VCs in the hottest area of healthcare explain where they're placing their next bets
Venture-capital firms are increasingly betting that the future of healthcare is high-tech.But what type of tech, exactly?
FedEx made waves in the industry recently for dumping Amazon as a partner. To learn more, Business Insider asked Brie Carere, who is FedEx's chief marketing and communications officer. She's been at FedEx for more than 18 years.
When it comes to startups, Andy Dunn has been on both sides of the table.