Over the past few years, the United States market has seen an explosion in retail health clinics. It is estimated there are now more than 2,000 health clinics operating out of pharmacies, grocery stores, and big-box stores.
Right care in the right place at the right time is a compelling value proposition, and one that has the potential to disrupt the entire health marketplace. Oliver Wyman predicts that consumer use of alternative sites for care – such as retail clinics and telemedicine – will increase. As a result, $200 billion in current US healthcare spending could flow from traditional sites of care to these new options.
Much is at stake for all industry players, but retailers in particular, will play a significant role in the new health marketplace. Every retailer must think strategically about pairing its offering with its customer base.