CONTINUING EDUCATION, 1 CE Credit – $9.99, 1 Hour, General Knowledge, Level 1, Release date: October 2007, Expiration date: October 31, 2012

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Wal-Mart, 1-800 CONTACTS Team Up

In a move to help drive down healthcare costs, Wal-Mart Stores Inc. announced last month a long-term agreement with 1-800 CONTACTS that will bring contact lenses to more Americans at lower prices. The alliance combines Wal-Mart savings and the convenience and high quality care of independent eye doctors located in nearly 3,000 Wal-Mart Stores and Sam’s Clubs with 1-800 CONTACTS’ convenience and customer support to help customers save money and live better, healthier lives, according to a Wal-Mart statement.

Wal-Mart, Sam’s Club and 1-800 CONTACTS will create efficiencies across their call centers, websites, purchasing, and distribution efforts – resulting in customer savings the companies estimate could reach $400 million over the next three years. By offering greater accessibility and savings on contact lenses, the alliance also aims to make it easier to replace lenses according to a schedule doctors recommend, a practice that may result in better eye health. The companies expect to integrate store, web, and phone service this fall so customers can order when they want, how they want, and have their lenses delivered quickly to wherever they want.

“Our $4 prescription program is proof that Wal-Mart is committed to meeting America’s healthcare challenges. Our commitment to affordable eye care is no different,” said Dr. John Agwunobi, senior vice president and president for Wal-Mart’s professional services division. “Lowering costs and increasing convenience will make it easier for patients to follow their doctors’ advice and replace their lenses as recommended.”

Jonathan C. Coon, chief executive officer of 1-800 CONTACTS stated, “The majority of contact lens wearers experience high prices and limited service. This alliance can save these customers nearly 20 percent on their contact lenses while also offering the convenience of 24/7 live service from an associate by calling 1-800 CONTACTS or online at www.1800contacts.com.”

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