
Walmart Health was owned by Walmart Inc. (NYSE: WMT), a publicly traded American multinational retail corporation headquartered in Bentonville, Arkansas. Walmart launched Walmart Health in 2019 as a network of in-store primary care clinics and shut down all 51 locations in May 2024, citing an unsustainable business model. In January 2026, Walmart announced it would repurpose some former clinic sites as clinical research locations through a partnership with Care Access. Walmart reported FY2026 revenue of $713.2 billion.
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Walmart Health | Walmart Inc. | Wholly owned |
Walmart Health was conceived as part of Walmart's strategy to leverage its store footprint and customer relationships to enter the healthcare services market. The first Walmart Health center opened in September 2019 in Dallas, Georgia, adjacent to a Walmart Supercenter. The clinic offered primary care services at transparent, fixed prices: a primary care visit was priced at $40, a dental cleaning at $25, and a mental health visit at $1 per minute.
The Dallas, Georgia pilot was designed to test the concept before a broader rollout. The clinics were staffed with employed physicians, nurse practitioners, dentists, and behavioral health counselors, rather than using franchise or partnership models.
Walmart expanded cautiously through 2020, with the COVID-19 pandemic slowing the rollout. The company added telehealth services during this period, recognizing that virtual care had gained consumer acceptance during the pandemic.
In 2021 and 2022, Walmart accelerated expansion, opening additional locations in Florida, Illinois, Arkansas, and Texas. By early 2024, Walmart Health operated 51 clinics across five states: Arkansas, Florida, Georgia, Illinois, and Texas. In 2019, Walmart's board of directors had approved plans to open 4,000 clinics by 2029, but the retailer fell behind projections due to the complexity of scaling clinical operations.
Despite geographic expansion, Walmart Health faced persistent challenges with clinic economics. Primary care reimbursement rates from insurance companies were insufficient to cover staffing and operational costs, and the volume of patients required to achieve profitability proved difficult to reach consistently.
On April 30, 2024, Walmart announced the closure of all Walmart Health centers and the discontinuation of the virtual care service. The announcement came as a surprise to many industry observers, given Walmart's stated commitment to healthcare expansion just months earlier. The closure affected approximately 51 clinics. Employees were eligible to transfer to another Walmart or Sam's Club location and received severance if let go.
Following the closure, some former Walmart Health locations were leased to other healthcare providers. Mercy added clinics in three former Walmart Health locations in Arkansas in July 2024.
In January 2026, Walmart announced a new chapter for some former clinic sites. The Walmart Healthcare Research Institute (WHRI) partnered with Care Access to open clinical research sites in three former Walmart Health locations and one rural Walmart store. These sites bring clinical research opportunities to communities, including rural areas that do not generally have access to the latest clinical trials. The initiative builds on WHRI's existing no-cost mobile health screening events.
Walmart continues to operate its broader health and wellness services, including nearly 4,600 pharmacies and over 3,000 vision centers. The company hosted a Wellness Event on January 24, 2026, offering free health screenings, low-cost immunizations, and wellness consultations at nearly 4,600 pharmacies.
What does Walmart own?
Walmart Inc. owns Walmart Supercenters, discount stores, and Neighborhood Markets in the US; Sam's Club warehouse clubs; approximately an 81% stake in Flipkart (India's leading e-commerce platform); Walmart Mexico (Walmex), the largest retailer in Mexico; Walmart Canada; and operations in Central America, Chile, China, and other countries. Private-label brands include Great Value, Equate, Onn., Mainstays, and Bettergoods. Walmart also owns Walmart Connect, its advertising network, and operates Walmart+, a paid membership service.
Is Walmart publicly traded?
Yes. Walmart Inc. has been listed on the New York Stock Exchange under ticker WMT since October 1970. Despite being a public company, the Walton family retains effective control through approximately 46% of shares held through Walton Enterprises LLC and other family entities. The remaining shares are held by institutional investors including Vanguard and BlackRock, and by public shareholders.
Who founded Walmart?
Sam Walton founded Walmart, opening the first store in Rogers, Arkansas on July 2, 1962. Walton had previously operated Ben Franklin franchise stores in Arkansas, where he developed the low-cost, high-volume retail philosophy that became Walmart's foundation. He died on April 5, 1992, at age 74. His family continues to hold the controlling stake in the company.
Where is Walmart headquartered?
Walmart is headquartered in Bentonville, Arkansas, USA, where Sam Walton established the company's roots in the 1950s. The company's global headquarters, principal executive offices, and main distribution and technology infrastructure are concentrated in northwest Arkansas. Walmart operates in more than 20 countries, with its largest store concentration in the United States.
How many brands does Walmart own?
Walmart operates approximately 20 private-label and exclusive consumer brands, including Great Value (grocery), Equate (health and beauty), Onn. (electronics), Mainstays (home), and Bettergoods (premium food, launched 2024). These brands represent a smaller portion of Walmart's total merchandise revenue than at some competitors; most of what Walmart sells is national branded products from manufacturers.
Who owns Walmart?
Walmart Inc. is a public company with shares traded on the NYSE. The largest shareholder group is the Walton family, which collectively holds approximately 46% of outstanding shares through Walton Enterprises LLC and related entities. The Walton family is consistently ranked among the wealthiest families in the world as a result of this stake, with a combined net worth estimated in excess of $200 billion. Institutional investors including Vanguard, BlackRock, and State Street collectively hold a significant portion of the remaining shares.
Is Sam's Club owned by Walmart?
Yes. Sam's Club is a wholly-owned division of Walmart Inc. It operates as a separate business segment within Walmart's financial reporting but is not a publicly traded entity on its own. Sam's Club was founded by Sam Walton in 1983, named in his honor, and operates approximately 600 warehouse club locations in the United States.
Walmart Health operated under Walmart's corporate sustainability framework during its five-year operation from 2019 to 2024. The initiative was designed to improve healthcare accessibility and affordability in underserved communities.
The clinics' transparent pricing model addressed healthcare affordability, with primary care visits at $40, dental cleanings at $25, and mental health visits at $1 per minute. This pricing strategy reduced financial barriers to healthcare access for Walmart's customer base.
When Walmart announced the closure in April 2024, the company implemented transition practices including advance notice, medical record transfers, and assistance for affected employees in finding alternative positions within Walmart or externally. However, the closure disrupted healthcare access for thousands of patients who had established care relationships with Walmart Health providers.
The 2026 clinical research initiative through WHRI and Care Access continues Walmart's community health focus, bringing clinical trial opportunities to rural areas that lack access to research facilities. This initiative addresses healthcare disparities by enabling participation in studies without traveling far from home.
No independent third-party sustainability certifications specific to the Walmart Health brand have been verified.
During its operation from 2019 to 2024, Walmart Health received recognition from healthcare industry publications for its innovative approach to integrating primary care services into retail environments. The initiative was recognized for addressing healthcare access challenges through creative use of existing retail infrastructure.
Walmart Health was frequently cited in business and healthcare industry analyses as a significant case study in retail-based healthcare delivery. The initiative's scale and backing by Walmart Inc. made it a notable example for other companies considering healthcare market entry.
Following the closure, Walmart Health received significant attention from business analysts and healthcare industry experts for providing insights into the challenges of retail-based healthcare delivery. The closure was analyzed extensively for lessons about healthcare business models, reimbursement challenges, and the difficulties of integrating healthcare services into retail operations.
No specific independent awards for the 2026 calendar year have been verified for the Walmart Health brand.
The primary controversy surrounding Walmart Health was the fundamental unsustainability of its business model. Walmart determined that reimbursement rates for healthcare services, combined with high operational costs and complex healthcare regulations, made the initiative financially unviable.
The abrupt closure of all 51 locations in April 2024 created continuity of care disruption for patients who had established ongoing treatment relationships with Walmart Health providers. Patient advocacy groups criticized the abrupt nature of the closure and its impact on vulnerable populations, particularly in underserved communities where alternative care options were limited.
The closure affected numerous healthcare professionals and support staff across five states, including physicians, nurse practitioners, dental providers, behavioral health counselors, and administrative staff. While Walmart provided transition support, the closure highlighted the human impact of healthcare business model failures.
Walmart's decision to close Walmart Health after five years raised questions about the company's commitment to healthcare services and the broader viability of retail healthcare delivery models. The closure occurred just a month after Walmart had announced plans to double its clinic footprint by opening 22 new locations in 2024.
The 2026 repurposing of former clinic sites for clinical research through WHRI and Care Access represents a strategic pivot rather than a return to direct primary care. This shift avoids the reimbursement and staffing challenges that doomed the original Walmart Health model while maintaining a healthcare presence in Walmart communities.
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Cvs Health | USA | 2000 | Mass market | United states | All-consumers | |
| Amazon | United States | 2007 | Premium | United states | All-ages |
Healthcare PharmaceuticalsOwned by CVS Health Corporation
American retail healthcare clinic chain operating over 1,100 locations within CVS Pharmacy stores, owned by CVS Health. Provides urgent care, vaccinations, chronic disease management, and virtual care services.
Healthcare PharmaceuticalsOwned by Amazon.com Inc.
Amazon-owned membership-based primary care practice operating nearly 240 offices across more than 20 U.S. markets with 24/7 virtual care.
Market Positioning: Walmart Health competes with 2 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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Healthcare PharmaceuticalsOwned by Chempro Chemists
Australian online pharmacy operated by Chempro Chemists from Molendinar, Queensland. Offers prescription medications, health products, and wellness items through digital platforms and mail-order delivery.
Pharmacy Direct is privately owned, unlike Walmart Health which is under a publicly traded parent company.
Healthcare PharmaceuticalsOwned by GoodRx Holdings, Inc.
American healthcare technology platform providing prescription drug price comparison, discount coupons, and telehealth services to help consumers find affordable healthcare options.
GoodRx operates independently without a large parent corporation.
Healthcare PharmaceuticalsOwned by Herbalife Ltd.
Global nutrition and weight-management brand owned by Herbalife Ltd. and sold through independent distributors in more than 90 markets.
Herbalife operates independently without a large parent corporation.
Healthcare PharmaceuticalsOwned by EKR Therapeutics, Inc.
Retavase (reteplase) is a prescription thrombolytic medication indicated for acute ST-elevation myocardial infarction. Administered as two 10-unit intravenous bolus injections 30 minutes apart. Currently marketed by Chiesi USA.
Retavase is privately owned, unlike Walmart Health which is under a publicly traded parent company.
Healthcare PharmaceuticalsOwned by IBSA Institut Biochimique S.A.
IBSA Institut Biochimique SA's branded levothyroxine softgel capsule (Tirosint) and liquid solution (Tirosint-SOL), FDA approved for hypothyroidism, formulated without dyes, gluten, lactose, alcohol, or sugar, providing an excipient-free alternative to conventional levothyroxine tablets for patients with sensitivities or absorption issues.
Tirosint is privately owned, unlike Walmart Health which is under a publicly traded parent company.
Healthcare PharmaceuticalsOwned by Pfizer Inc.
American multinational pharmaceutical corporation developing and manufacturing medicines, vaccines, and consumer healthcare products, one of the world's largest pharmaceutical companies.
Pfizer operates independently without a large parent corporation.
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