Advisory Board May 10, 2021
Walmart on Thursday announced that its health care division, Walmart Health, has purchased mental and medical telehealth provider MeMD, which provides 24/7 mental and medical telehealth services to roughly five million members across the United States.
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Walmart acquires MeMD
Walmart’s acquisition of MeMD still must undergo regulatory approval. The deal is expected to close in a few months, Becker’s Health Review reports.
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According to Cheryl Pegus, EVP of health and wellness at Walmart, the acquisition will enable Walmart Health to offer virtual care services for urgent, behavioral, and primary care across the country. Walmart did not share the financial details of...
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