According to a partnership initiative Walmart and UnitedHealth Group launched this week, millions of seniors would receive preventive healthcare.
The companies announced in a joint statement that the 10-year relationship will launch with 15 locations in Georgia and Florida the following year. It will concentrate on prevalent health problems affecting elderly adults, like diabetes and heart disease. The businesses intend to broaden it to include tens of thousands of people.
The agreement will also provide virtual services for people of all ages.
According to CNBC, Walmart’s medical staff will employ Optum, a UnitedHealth-owned provider of health services, to analyse patient data. A co-branded Medicare Advantage plan will be introduced as part of the partnership in Georgia.
According to CNBC, “the emphasis will be on value-based healthcare, a model in which hospitals and medical practises are compensated for the services they deliver through a variety of Medicare Advantage plans.”
“Medicare Advantage is a private company’s plan that has been approved by Medicare and serves as a substitute for original Medicare, the federal government’s senior health insurance programme.”
“This agreement places the patient at the centre of health care by using the strength and complementary skill sets of our two organisations to speed access to great treatment,” said Doug McMillon, CEO of Walmart.
In January, the healthcare and retail behemoths teamed up to offer free at-home Covid-19 tests.
The companies said in a joint statement that the collaboration “aims to serve even more people over time, including those across commercial and Medicaid plans” by bolstering current programmes to address social determinants of health, over-the-counter and prescription medications, and dental and vision services.