MedCity News May 7, 2021
Walmart is buying telehealth provider MeMD, adding virtual urgent care and therapy visits. Walmart said the deal would complement the in-person health centers it is building in some of its stores.
As it competes with CVS, Walgreens and Amazon on primary care, Walmart had to acquire a company to bridge the gap between virtual and in-person visits.
The retailer recently struck a deal to acquire telehealth provider MeMD as a complement to its in-store clinics, which have been rolling out at a relatively slow pace.
“Walmart has had a slow roll out of physical clinics compared to other retail storefronts; they needed a partner to achieve national presence with their healthcare strategy,” Forrester Principal Analyst Arielle Trzcinski wrote in...
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