Walmart acquires healthcare tech from CareZone

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Walmart acquires healthcare tech from CareZone

By Marianne Wilson - 06/16/2020

Walmart continues to expand its digital health capabilities. 

The retail giant announced it acquired the technology platform, patents and intellectual property of CareZone, which developed an app that helps people manage their health information and medications. Individuals can also use the app to scan labels or insurance cards to speed and simplify the process.

“We’re also excited to welcome the members of CareZone’s product and technology team that built their app, and who will help us innovate and integrate faster with Walmart’s existing systems,” Lori Flees, senior vice president, health and wellness at Sam’s Club, and Sean Slovenski, senior vice president of health and wellness at Walmart U.S. said “The technology and team members joining Walmart will augment our current health & wellness capabilities and support our focus on digital health care solutions process.”

CareZone, which also operates an online pharmacy that puts customers’ medications into pill packs and delivers them to patients via mail, will remain a separate company unrelated to Walmart.

“Adding our technology platform to Walmart’s existing digital capabilities and physical reach creates a unique opportunity to redefine what the future of digital health and wellness can look like,” Walter Smith, co-founder and chief technology officer of CareZone said. “The CareZone team members joining Walmart are excited to bring our knowledge and apply it to such a broad canvas.”

This story originally appeared on Chain Store Age