Walmart Enhances Digital Health and Wellness Capabilities
Walmart announced it has acquired specific assets of CareZone, the technology platform, patents and key intellectual property. This offers a worry-free way to organize health information and access vital health services. CareZone has developed a mobile app that helps individuals and families manage medicine and chronic illness for each member of the household. Families can 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,” according to the company’s press release. “The technology and team members joining Walmart will augment our current Health & Wellness capabilities and support our focus on digital health care solutions. CareZone will remain a separate company unrelated to Walmart.”
“The goal of any technology startup is to build a product or experience that touches the lives of as many people as possible,” said Walter Smith, Co-Founder and Chief Technology Officer of CareZone. “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. The CareZone team members joining Walmart are excited to bring our knowledge and apply it to such a broad canvas.”
For more information, visit the company’s official statement.