Retail Pharmacies Are Now Offering Therapy Services
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Therapy in aisle 7: Retailers are entering the mental health market
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Walmart just made a big leap into telehealth
Walmart Health, has purchased mental and medical telehealth provider
MeMD, which provides 24/7 mental and medical telehealth services to roughly five million members across the United States.
Walmart acquires MeMD
Walmart s acquisition of MeMD still must undergo regulatory approval. The deal is expected to close in a few months,
Becker s Health Review reports.
According to Cheryl Pegus, EVP of health and wellness at Walmart, the acquisition will enable Walmart Health to offer virtual care services for urgent, behavioral, and primary care across the country. Walmart did not share the financial details of the agreement.
Therapy on Aisle 7: Retailers Are Entering the Mental Health Market
Call it the ultimate in ‘retail therapy.’ Now you can shop for mental health services at CVS, Rite Aid and other national chains.
A CVS health clinic in Spring, Tex. The pharmacy chain has started including mental health services in some of its stores.Credit.Reuters
May 7, 2021
Finding a therapist can be a tough and time-consuming process involving multiple phone calls, waiting lists and insurance hurdles.
But what if you were able to walk into your corner drugstore for a bottle of shampoo and also had the option of scheduling a walk-in session for mental health treatment?