Walmart ramps up its telehealth services by acquiring MeMD
… Walmart Enters The Telehealth Sector With A Major Strategic Deal …

Walmart Escalates Telehealth Services With MeMD Acquisition

Walmart fortifies its position as a growing healthcare provider organization and telehealth competitor

John G. Baresky

MeMD is a frontrunner in telehealth/telemedicine

MeMD is headquartered in Phoenix, Arizona. The list of virtual healthcare services MeMD provides includes:

  • Urgent Care
  • Women’s Health
  • Men’s Health
  • Behavioral Health (teletherapy, telepsychiatry, teen therapy)
  • Physicians
  • Physician Assistants
  • Therapists
  • Education sector
  • Government sector
  • Employee benefits consultants and healthcare insurance brokers
  • Hospitals and health systems
  • Unions and associations

Walmart is accelerating its growth in the healthcare industry

Walmart (NYSE: WMT) generated over $341 billion in sales during 2020. It is always on the lookout for new ways to increase its revenue streams in new business and consumer marketplaces.

NCQA Accreditation: MeMD

One of the many core strategic attributes MeMD possesses is a National Committee for Quality Assurance (NCQA) accreditation. Earning NCQA certification is a complex and demanding process that is difficult to obtain. It is a respected “seal of approval” that employers, payers and healthcare provider organizations covet in a partner or vendor.

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