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/

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