Walmart moving quickly to consumer-ize health care
Walmart is in the process of opening walk-in clinics in many of its stores in major cities. Along with clinics in big box locations, the company has launched a website called Walmarthealth.com. On the website, the company publishes the prices for certain types of visits, enabling consumers to book an appointment and understand what they will pay. Managed Healthcare Executive
dis-rup-shun: Walmart’s move will have several significant impacts on the care industry. First, it will demystify care pricing. The price one pays remains largely shrouded in mystery today. Eliminating surprises will make Walmart clinics far more favorable than the doctor’s office, and the fact that you can buy medications and the week’s groceries in one trip is even better. Secondly, it will cause the majority of walk-in clinics, and eventually doctors’ offices, to offer online appointment setting and menu-like pricing. Thirdly, in blurring the lines between physician offices and supermarkets, more general practitioners will move their practices to the big box stores and clinics, as they must compete with convenience.
Freight hauling may be the future of Uber
Uber, the company that will likely not be profitable for years to come, may have found the right industry to which it may apply its technology. The trucking industry, a $796 billion industry, provides far more volume than the $36 billion ride sharing industry. By using Uber’s app to contract directly with shippers, truckers can eliminate the commission paid to freight brokers. CNBC
dis-rup-shun: Uber needs a do-over, as the company that invented app-based ride sharing has pushed prices so low, and paid so much to expand globally, that it is not likely to find a profit in its current model. By focusing on the trucking industry, the company can adopt the existing profitable pricing structure, can scale far larger than in the ride sharing business, and can potentially find ways to profit. Making markets more efficient is good for everyone, unless you are freight broker.
Despite Uber and Lyft, 2019 tech IPOs beat the S&P
Uber and Lyft made news by being the largest losers, in pure dollars, of any public offering. Thanks to blockbuster performance from Beyond Meat, Zoom, CrowdStrike and several other winners, the tech offerings, in a theoretical new offering fund, beat the S&P 500. The IPO fund would have gained 67% compared to the S&P at 20%.
dis-rup-shun: A stock investor today has half as many choices than 20 years ago, as private capital has soaked up many investments. Pent up demand for new offerings provides a strong market for new companies. The market has rightly recognized high quality offerings such as Slack and Zoom, and punished low performers such as Uber and Lyft. Beyond Meat’s insane 524% gain defies reason, but provides lottery-like results that keeps people interested in public markets.
Chinese firms corner lithium battery recycling market
69% of all available stock for recycled lithium ion batteries are held in China by firms collecting and recycling battery components. Greentech Media
dis-rup-shun: As Chinese mega-recycling firms amass large stores of materials required for batteries, such as cobalt, they may influence world prices. As the demand for lithium ion batteries increases with more consumer electronics and electric vehicles, recycling firms will bid up the prices for used gear, making it more attractive to properly dispose of old cameras and phones.