In times of economic crisis, the ability of the free market to solve problems may come into question. But in one vital corner of the economy, a little creative capitalism is helping fill a gap.
Enter the retail health clinic. In the past decade, more and more pharmacies like CVS and Walgreens, supermarkets such as Kroger and Publix and big-box stores like Wal-Mart have made space for clinics that treat minor ailments, administer vaccines and examine kids who need medical forms to enroll in camp. In those nine years, storefront clinics have logged at least 3.4 million visits. Today there are about 1,200 such clinics, pulling in some $550 million in annual revenue, by one estimate.
MP: While politicians and bureaucrats in Washington dream up the next grandiose government health care reform to address rising healthcare costs and the 44 million uninsured, the most effective, affordable and convenient healthcare solutions might be right around the corner at your local pharmacy or supermarket.