June 17, 2020

Around the nation: Walmart buys tech to bolster its drug delivery capabilities for around $200M

Daily Briefing

    Walmart on Monday announced it has purchased technology from CareZone, a startup that develops products intended to help people manage their prescriptions, for around $200 million in a move that could help Walmart expand its wellness and health care offerings, in today's bite-sized hospital and health industry news from Arkansas, Maryland, and Oklahoma.

    • Arkansas: Walmart on Monday announced it has purchased technology from CareZone, a startup that develops products intended to help people manage their prescriptions, for around $200 million. Walmart purchased apps developed by CareZone that allow users to input and store their health insurance and prescription drug information, learn about what medications are covered under their health plans, and arrange for home deliveries of their medications. As part of the deal, Walmart also will onboard 25 to 30 engineering and product-focused staff from CareZone, who will help Walmart expand the company's wellness and health care offerings. Walmart did not purchase CareZone's pharmacy, which delivers prescriptions to patients via mail. According to Walmart, CareZone remains a separate company that is unrelated to Walmart (Farr, CNBC, 6/15; Walmart release, 6/15).

    • Maryland: For the first time, FDA on Monday approved a video game, which was developed by Akili Interactive Labs, as a therapeutic device that can be used to treat children with ADHD. Under FDA's approval, providers can prescribe the game, called EndeavorRx, for children between the ages of eight and 12 with an ADHD diagnosis. According to Akili, the game uses targeted algorithms to strengthen specific neural networks within the brain and serves as a way to improve attention function in children with ADHD (Robbins, STAT News, 6/15).

    • Oklahoma: President Trump's campaign on Monday announced that officials will perform temperature checks on all people who attend an upcoming rally for Trump's 2020 presidential campaign, which is scheduled to take place in Tulsa on Saturday. Trump's campaign also announced that it will provide all attendees with hand sanitizer and face masks. According to Brad Parscale, Trump's campaign manager, more than one million people have requested tickets to the rally scheduled to be held at the BOK Center, which holds about 19,000 people. The upcoming rally is the first Trump's campaign plans to hold since suspending in-person rallies in March because of America's new coronavirus epidemic (Subramanian/Jackson, USA Today, 6/15; Samuels, The Hill, 6/15).

    Have a Question?

    x

    Ask our experts a question on any topic in health care by visiting our member portal, AskAdvisory.

    X
    Cookies help us improve your website experience. By using our website, you agree to our use of cookies.