Guest guest Posted June 12, 2008 Report Share Posted June 12, 2008 Irrespective of your thoughts on Walmart and their retail clinics, he raises a pretty good point... What are you doing to make life easier for your patients that Wal-Mart can’t do better, cheaper, or faster nation-wide? I'm sure we all have our answers about why our patients should see us for care rather than Walmart. But if we can't get the job done better, cheaper, or faster -- it will impact us. And this is a service that Walmart can't farm out to China -- it will be done right in many of our backyards. Locke, MD ======================================================= http://blog.medtouch.com/what-if-wal-mart-ran-your-hospital/2008/06/09/ What if Wal-Mart Ran Your Hospital? If you're new here, you may want to subscribe to our RSS feed. We also have another blog you may be interested in reading. If you have decided that you like us and want to talk more, contact our sales team. They would love to talk. Thanks for visiting! Today, I attended a talk by Ledlie, Senior Director, Health Business Development of Wal-Mart Stores, about the future of retail clinic care within the largest retailer on the planet. Wal-Mart has already changed healthcare for low-income, underinsured Americans by lowering the cost of generic prescriptions to $4 — and, by extension, a larger population than their customer base thanks to Target and competitors joining in. The low-cost, “pass the savings on” mentality extends to their philosophy of clinic care — walk-in costs are $40-60 a pop, and include some basic testing services. Here’s what Wal-Mart is doing right with healthcare: 1. Extended hours: they are open 8am to 8pm M-F and also on weekends from 9 to 5. That’s about twice the hours of an average doctor’s office. 2. Access to care: 55% of their population served by these clinics have no insurance. (Compared to about 40% for the average walk-in clinic.) This should be a measurable community benefit as it removes a strain on the ER, where visits run $1,000 or more and are often written off by hospitals anyway. 3. Fixed costs: by posting fees upfront, they reduce the likelihood that a potential patient won’t just walk away. As Ms. Ledlie says, “If you have $50 in your pocket and it costs $60, you won’t go.” A greater proportion of the community can afford to receive care and therefore elects for care. Now none of these are unique to Wal-Mart, except for maybe the incredible access of retail space. But with their scale, Wal-Mart can offer a few more things. Through an innovative partnership model, Wal-Mart becomes a landlord to a hospital-sponsored tenant — either a direct offshoot of your hospital or a third-party relationship that refers into the hospital system. Also, they’re proving eClinicalWorks as an EMR for the patients. (I guess that makes it a PHR, but go with me here.) Without the baggage of a system from the 70’s, they can roll-over a real, hard-ROI EMR platform… for those 130 million customers that pass through their doors. What are you doing to make life easier for your patients that Wal-Mart can’t do better, cheaper, or faster nation-wide? Quote Link to comment Share on other sites More sharing options...
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