Walmart and UnitedHealth Group Partner to Bring Value-Based Healthcare to Customers

In 1970, healthcare spending in the United States totaled $74.1 billion and ballooned to $1.4 trillion by 2000. Two decades later, these costs tripled, tallying in at $4.1 trillion. From 2019 to 2020, health care spending shot up by 9.7 percent, more than double the 2018 to 2019 figure. What these stats make clear is healthcare spending is on the rise, and Americans need more affordable healthcare options. 

One way to provide these options involves shifting towards convenient care centers. A trend underscored by Walmart and UnitedHealth Group’s recent announcement that they have joined forces in a long-term, value-based healthcare partnership.

​Here’s everything you need to know about this development and what it says about the future of healthcare in America.

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