Becker's Healthcare May 6, 2021
Walmart Health has entered an agreement to acquire on-demand, multispecialty telehealth provider MeMD, the retailer said May 6.
Six details:
1. Through the acquisition, Walmart aims to strengthen its brick-and-mortar health centers initiative, said Cheryl Pegus, MD, executive vice president of health and wellness at Walmart, according to the news release.
“Telehealth offers a great opportunity to expand access and reach consumers where they are and complements our brick-and-mortar Walmart Health locations,” she said. “Today people expect omnichannel access to care and adding telehealth to our Walmart Health care strategies allows us to provide in-person and digital care across our multiple assets and solutions.”
2. The acquisition, which is subject to regulatory approval, is expected to close in the next...
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