In the past we've praised Wal-Mart's $4 prescription plan and in-store clinics. Wal-Mart continues to drop the price of health care in a recently announced move to enter electronic medical records business. The news is a couple of weeks old, but it is interesting and worth discussing.
Wal-Mart is teaming up with Dell and eClinicalWorks to offer a bundled electronic medical records system that would cost about $44,000 to set up and operate per physician. For most doctors, that's about half the price of setting up other available systems.
Wal-Mart is consistently demonstrating that the market has plenty of solutions to medical care problems. Good business is the answer to the high price of care.
Further analysis of the medical records package is far beyond my expertise, but a good analysis of the product and the Wal-Mart/Dell/eClinicalWorks partnership by Don Fornes of Medical Software Advice is available here.
Rusty Scalpel
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