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Walmart Health: To Buy MeMD

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  • Walmart Inc. (NYSE: WMT)’s Walmart Health is to acquire MeMD, a multi-specialty telehealth provider
  • The amount of the deal, which issubject to regulatory approval and expected to close in the coming months, not disclosed
  • This acquisition will, over the coming months, allow Walmart Health to provide access to virtual care across the nation
  • MeMD is a comprehensive telehealth solution providing on-demand, online care for common illnesses, injuries and behavioral health issues to consumers and businesses nationwide
  • Today, it delivers medical and mental health visits to millions of members nationwide
  • Walmart Health offers full-service, primary, urgent and preventive healthcare, with or without insurance

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