MobiHealth News June 15, 2020
Laura Lovett

The retail giant has purchased CareZone’s tech platform, patents and IP.

In an effort to further its foothold in the healthcare space, Walmart announced that it has acquired digital medication management company CareZone’s tech platform, patents and “key intellectual property.”

While CareZone will remain a separate unrelated company, some of its employees on the product and tech team will be joining Walmart in order to help integrate the system. The platform caters to individuals with multiple medications. Patients or family members scan pill bottles and, in turn, the platform can create a list of the medications and share with medical teams. The tool also has medication reminders.

The company also has a pharmacy platform called CareFlow; however, CNBC...

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Topics: Mergers & Acquisitions / JV, Pharma / Biotech, Provider, Retailer, Trends
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