Walmart acquires MEMD, Paving the road for new telehealth services

Walmart acquires MEMD, Paving the road for new telehealth services

May 10, 2021 0 By Rajesh

Walmart has announced the acquisition of MEMD, telehealth service providers, a business step that will benefit the Walmart Health Division of the Company. With a platform, Walmart Health will be able to offer virtual telehealth services throughout the US, according to the company, in addition to the centers of the people. Changes will come ‘over the coming months.’

Walmart announced the acquisition on May 6, stating that they expected an agreement to close ‘over the coming months.’ MEMD, the company obtained, was launched in 2010; That, like many who have followed, has become a popular offer in the middle of a pandemic, allowing users to get medical assistance without visiting the physical doctor’s office.

Telehealth refers to a medical appointment that takes place by telephone, tablet, or laptop rather than directly in the office. Although there are restrictions for this kind of setting, this service can generally order a laboratory, recharge recipes, and make certain diagnoses.

Walmart Health currently offers a variety of direct services, including optometry, teeth, x-rays, audiology, primary health care, counseling, and laboratories, depending on the location. MEB acquisition will expand some of these services to the virtual world with telehealth opportunities.

Walmart Health & Wellness Executive VP Dr. Cheryl pegus says a new business agreement:

Telehealth offers great opportunities to expand access and reach consumers where they are and complement our health location of Walmart brick-and-mortar. Today people expect omnichannel access to care, and adding telehealth to our Walmart health care strategy allows us to provide direct and digital treatments in various assets and solutions.