Name: Walmart In Talks to Acquire ChenMed - Digital Health Wire
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Walmart In Talks to Acquire ChenMed - Digital Health Wire

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Skip to contentAlthough we touched on Walmart’s rumored acquisition of ChenMed last week, the ongoing talks are continuing to drum up lots of conversation around the healthcare strategy of major retailers and the potential implications if the deal goes through.Here’s a quick primer on Walmart’s healthcare strategy, which so-far can be bucketed into three themes: Medicare and MA health plans, primary care, and employer virtual care.Enter ChenMed, a senior-focused primary care provider with over 125 clinics across 15 states, making it the last major M&amp;A target in the space following CVS-Oak Street and Amazon-One Medical.The acquisition would stake Walmart’s claim in the primary care land grab, allowing it to continue its push into the ever-growing Medicare Advantage market while leveraging ChenMed’s proven platform instead of building from the ground up.The TakeawayThe number of attractive primary care clinic operators isn’t getting any bigger, and Walmart’s window of opportunity is shrinking if it wants to take the side door into the industry. There isn’t much of a ceiling on the splash that Walmart’s $600B in annual revenue and 4,300 retail locations could make in healthcare, especially if it can pick up an operator like ChenMed with the expertise and track record to help pull it off.Check out the other stories from this issue here:Walmart-ChenMed Acquisition | Akili PivotGet the top digital health stories right in your inboxTeladoc’s Q3 numbers are in, and they were “mixed” enough to weigh down the broader digital health sector.New study finds that the way people are introduced to AI models can have a major effect on their perceived effectiveness.Rock Health broke down responses from 87 early-stage digital health startups to provide benchmarks for key performance metrics.Log in or join by entering your email below.Completely free. Every Monday and Thursday.It's great to have you as a reader. Check your inbox for a welcome email.-- The Digital Health Wire teamSelect All

Skip to contentAlthough we touched on Walmart’s rumored acquisition of ChenMed last week, the ongoing talks are continuing to drum up lots of conversation around the healthcare strategy of major retailers and the potential implications if the deal goes through.Here’s a quick primer on Walmart’s healthcare strategy, which so-far can be bucketed into three themes: Medicare and MA health plans, primary care, and employer virtual care.Enter ChenMed, a senior-focused primary care provider with over 125 clinics across 15 states, making it the last major M&amp;A target in the space following...

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Jason Barry

digitalhealthwire.com

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