Walmart's Addressing the Cost of Healthcare in a Meaningful Way, Again
This Week Health: Newsroom
English - August 10, 2021 08:00 - 5 minutes - 4.08 MB - ★★★★★ - 5 ratingsMedicine Health & Fitness Technology health it healthcare technology cio cmio interoperability news Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
When is the last time a health system cut the cost of healthcare and passed it onto the consumer, the patient, the members of their community? Just asking for a friend.
FTA
Walmart has launched the first private brand analog insulin with a steep discount saving 59% and 75% respectively on the current cash price of branded insulin products when not using insurance. It is a real innovation and a dramatic step by Walmart to make insulin affordable to more people.
About 34 million Americans live with diabetes, which is nearly 10% of the U.S. population. Only 70% of these people are being treated. Diabetes is the fastest growing chronic disease in the United States. Here we see the leadership of Walmart’s management to solve a serious health problem. It enables Walmart to provide health and wellness to all Americans, especially those who live in medically underserved areas.
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We've left the door wide open for new entrants. They are well funded, smart, connected and have strong leadership. Could be an interesting couple of years in healthcare.
#cio #cmio #healthcare #healthIT #chime #himss
https://www-forbes-com.cdn.ampproject.org/c/s/www.forbes.com/sites/walterloeb/2021/06/30/walmarts-new-private-label-insulin-brand-will-save-money-for-diabetes-patients/amp/
When is the last time a health system cut the cost of healthcare and passed it onto the consumer, the patient, the members of their community? Just asking for a friend.
FTA
Walmart has launched the first private brand analog insulin with a steep discount saving 59% and 75% respectively on the current cash price of branded insulin products when not using insurance. It is a real innovation and a dramatic step by Walmart to make insulin affordable to more people.
About 34 million Americans live with diabetes, which is nearly 10% of the U.S. population. Only 70% of these people are being treated. Diabetes is the fastest growing chronic disease in the United States. Here we see the leadership of Walmart’s management to solve a serious health problem. It enables Walmart to provide health and wellness to all Americans, especially those who live in medically underserved areas.
----
We've left the door wide open for new entrants. They are well funded, smart, connected and have strong leadership. Could be an interesting couple of years in healthcare.
#cio #cmio #healthcare #healthIT #chime #himss
https://www-forbes-com.cdn.ampproject.org/c/s/www.forbes.com/sites/walterloeb/2021/06/30/walmarts-new-private-label-insulin-brand-will-save-money-for-diabetes-patients/amp/