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May 13, 2021

Walmart Acquires National Telehealth Provider

Walmart Health has entered into an agreement to acquire MeMD, a multispecialty telehealth provider.  MeMD, founded in 2010, provides telehealth visits for millions of members each year. The planned acquisition will allow Walmart Health to provide access to virtual urgent care, behavioral health, and primary care services as a complement to its in-person offerings. Pending regulatory approval, the parties expect the transaction to close later this year.