Technology | 05.14.21
Walmart Deal Shows Expansion in Telehealth, New Front With Amazon
Walmart has acquired telehealth provider MeMD and intends to provide virtual health care services nationwide. MeMD says on its website it provides telehealth for medical and mental health visits to 5 million members nationwide. Its services are geared toward companies that offer telehealth as a benefit to their staff. The MeMD deal opens another area in which Walmart and Amazon will compete, following Amazon's recently unveiled plan to provide telehealth services to its nearly 1 million U.S. employees by summer. Walmart already works with telehealth companies such as Doctor on Demand to offer services to its 1.3 million U.S. workers. Other companies are trying to further their reach into health care. Walgreens Boots Alliance and CVS Health are vying to become treatment centers for patients with costly conditions, and both have expanded their telehealth offerings during the pandemic.
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