The Clap
Walmart (NYSE: WMT) and UnitedHealth Group (NYSE: UNH) are partnering up to provide healthcare services for all age groups.
The Deets
Both companies agreed on a 10-year partnership which will see both companies benefit from each other’s position in their respective industries.
Walmart’s clinics could potentially get a boost of customers from UnitedHealth, while UnitedHealth will benefit from the retail giant’s footprint.
This partnership mainly focuses on value-based healthcare where payments are tied to a measure of the patient’s health.
Why this Matters
The partnership highlights Walmart’s efforts in pushing into the healthcare sector.