Here’s some shocking news: “Retail Clinics Likely to Slow Their Growth” according to today’s Wall Street Journal. Retail clinic operators from Wal-Mart to CVS are shuttering many of their clinics due to slow growth. Apparently the private equity firms and venture capitalists that backed this half-baked concept “failed to appreciate how complicated and expensive the clinics are to operate.” This is especially true when the patients never actually show up.
As I predicted in 2006 the retail model of health care delivery is appropriately doomed. If nothing else we’ve learned that for even their simplest health needs, providing for children is actually different than peddling corn nuts and disposable razors.