Walmart Entering the Telemedicine Space

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  • Multinational retail giant, Walmart, has thrown its hat into the telehealth ring, announcing plans to invest in virtual health offerings. This comes months after Amazon announced plans to scale up its Amazon Care program
  • Walmart says the move is part of its mission to provide an "integrated, omnichannel health delivery that leverages data and technology to improve engagement, health equity, and outcomes"
  • Walmart took the first step in launching virtual healthcare offerings when it acquired telehealth provider MeMD
  • In 2019, Walmart started opening a handful of in-store clinics, which offer a full range of primary care services by doctors and dentists, then partnered with healthcare startup Clover to expand its services to Walmart Health Centers to reach Atlanta-area seniors with privately managed Medicare Advantage Plans
  • Walmart had also partnered with Doctor on Demand Inc. to provide telehealth services to its approximately 1.3 million American workers; but with the acquisition of MeMD, Walmart will provide round-the-clock access to healthcare to consumers where they are