Walmart Health To Acquire Telehealth Provider MeMD
By Kimberly Chin
Walmart Inc.'s health unit agreed to acquire telehealth provider
MeMD, as the company expands its health delivery offerings.
The retail giant didn't disclose the financial details of the
"This acquisition will, over the coming months, allow Walmart
Health to provide access to virtual care across the nation,"
Walmart said. It will also complement its in-person service at
Walmart Health Centers, the company said.
Founded in 2012, MeMD provides virtual healthcare across the
U.S. and runs 24/7 throughout the year.
Walmart expects the deal to close "in the coming months," the
Write to Kimberly Chin at firstname.lastname@example.org
(END) Dow Jones Newswires
May 06, 2021 17:18 ET (21:18 GMT)
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