Retail

Good News For Malpractice Lawyers, Wal-Mart (WMT) Opens More Clinics

Wal-Mart (NYSE: WMT) likes the medical clinic business. Many of its customers do not have health insurance. It can deliver these people inexpensive care using nurse practitioners instead of doctors. Offering generic drugs also cuts costs to patients.

Wal-Mart plans to expand its clinic business into several hundred more stores. It will co-brand the operations with local hospitals and medical groups. That will most likely give the locations a greater air of legitimacy.

According to The New York Times “We have learned that people are willing to receive their health care from the front of a store or the back of a drugstore,” said Dr. John Agwunobi, a medical doctor who is a Wal-Mart senior vice president. The doctor must not be a trial lawyer.

Of course, it is fantastic that Wal-Mart can save people money on medical care, but such a large company makes a very nice target for people who feel that their visit was inadequate and that they were somehow harmed in the process of their time spent at the closest "super center".

Wal-Mart will serve tens of thousands of patients. It will need good malpractice insurance.

Douglas A. McIntyre

Sponsored: Attention Savvy Investors: Speak to 3 Financial Experts – FREE

Ever wanted an extra set of eyes on an investment you’re considering? Now you can speak with up to 3 financial experts in your area for FREE. By simply
clicking here
you can begin to match with financial professionals who can help guide you through the financial decisions you’re making. And the best part? The first conversation with them is free.


Click here
to match with up to 3 financial pros who would be excited to help you make financial decisions.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.