Wal-Mart Stores Inc. will open its first in-store medical clinics under its own brand name after leasing space in dozens of stores to outside companies that operate the quick-service health stops.
The world’s largest retailer said Thursday it will open the Clinic at Wal-Mart as a joint venture with local hospital systems in Atlanta, Dallas and Little Rock, Ark., starting in April.
Bentonville, Ark.-based Wal-Mart is among several U.S. supermarket and drug store chains that in the past couple of years have begun opening store-based health clinics, which are staffed mostly by nurse practitioners or physician assistants and offer quick service for routine conditions from colds and bladder infections to sunburn.
About 7 percent of Americans have tried a clinic at least once, according to an estimate by the Convenient Care Association, an industry trade group formed in 2006.
That number is expected to increase dramatically as chains like Wal-Mart, CVS Corp., Target Corp. and Walgreen Co. partner with mini-clinic providers such as RediClinic and MinuteClinic to expand operations. The trade group estimates there will be more than 1,500 by the end of the year, up from about 800 in November.
Wal-Mart has clinics in 77 stores, including nine in Wisconsin and Florida operated by local hospitals. Clinics in 23 locations in Florida and three other Southern states have been in limbo since last month when New York-based CheckUps shut down.
Now Wal-Mart has signed a letter of intent to work with local hospital systems and RediClinic to open co-branded walk-in clinics in 200 Wal-Mart Supercenters.
Wal-Mart has also signed a letter of intent to partner directly with St. Vincent Health System, a part of the Catholic Healthcare Initiatives system, to open four co-branded clinics in Little Rock.
Co-branding means the clinics will jointly bear the names of Wal-Mart and its partners and have identical looks and record-keeping systems, Wal-Mart spokeswoman Deisha Galberth said.
Having the local hospital system involved will also increase the level of trust among shoppers, Galberth said.
Wal-Mart said this is the first step toward opening 400 co-
sponsored Jargon is confusing, by definition. And the financial world has its own set of cryptic words.