HEALTH TECHNOLOGY
Walmart and Memomi | June 30, 2022
Walmart and Memomi, an augmented reality optical tech companyannounced they have entered into an agreement for Walmart to acquire Memomi. This reinforces Walmart’s commitment to frictionless and omnichannel optical care.
Since 2019, Memomi has enabled digital measurements for all Walmart and Sam’s Optical customers, across more than 2,800 Walmart Vision Centers and 550 Sam’s Clubs, and also powers the Optical eCommerce experience on SamsClub.com. Acquiring Memomi, an AR company, is the next step in Walmart’s journey of offering personalized, affordable access to optical care. This acquisition furthers Walmart Health & Wellness’ strategy to deliver integrated, omnichannel healthcare, leveraging data and technology to improve engagement, health equity and outcomes.
“Customers are looking for access to care digitally, in their homes, and purchasing eyeglasses is no different. This acquisition supports our Health & Wellness mission to provide accessible care to the communities we serve.”
David Reitnauer, Vice President, Specialty Services, Walmart Health & Wellness
Memomi is a leading provider of technology to enhance virtual optical try-on experiences, helping customers virtually “try on” eyewear in real-time for a seamless, easy and fun omnichannel experience.
“Walmart’s ability to roll out our virtual try-on and contact-free digital measurements service in a short period of time shows how committed Walmart is to its customers’ need for digital care in-stores and at home,” said Ofer Saban, Chief Technology Officer, Memomi.
The acquisition is expected to close in the coming weeks, and Memomi employees will join the Walmart Global Tech organization.
“We’re excited to welcome the Memomi team to Walmart and add their capabilities to our leading virtual reality technology that is transforming the retail experience for our customers and members,” said Cheryl Ainoa, Senior Vice President, New Businesses & Emerging Tech, Walmart Global Tech.
“We are looking forward to joining Walmart and offering our innovations and user experiences to such a large scale both in-store and online,” said Salvador Nissi Vilcovsky, CEO, Memomi.
About Walmart
Walmart Inc. helps people around the world save money and live better - anytime and anywhere - in retail stores, online, and through their mobile devices. Each week, approximately 220 million customers and members visit approximately 10,500 stores and clubs under 48 banners in 24 countries and eCommerce websites. With fiscal year 2021 revenue of $559 billion, Walmart employs over 2.2 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity.
About Memomi
Memomi Labs Inc is a leading provider of cutting-edge technology to enhance virtual try-on user experiences through artificial intelligence, deep learning and augmented reality. Memomi helps customers virtually “try on” eyewear in real-time for a seamless, easy and fun omnichannel experience. In addition to the try-on experience, Memomi technology has created an accurate, easy measurement experience in-store once glasses are selected, leading to time savings for the customer and cost savings for the store. Memomi was founded in 2014 by Salvador Nissi Vilcovsky and Ofer Saban, experts in conceptualized solutions and interactive design.
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HEALTH TECHNOLOGY
Noridian Healthcare Solutions | June 28, 2022
In order to evaluate and confirm provider ownership data in Medicare systems, Noridian Healthcare Solutions, LLC (Noridian), a pioneer in creating solutions for federal, state, and commercial health care programs, has joined forces with management consulting firm RELI Group. Noridian is working closely with RELI Group, the prime contractor, as the subcontractor to build a procedure that will guarantee information is correct and complies with Center for Medicare & Medicaid (CMS) approval standards. By preventing and detecting misuse and fraud, the collaboration between Noridian and RELI Group will guarantee that beneficiaries engage with reliable suppliers.
“One of Noridian’s main goals is to enable access to health care through our work. However, it’s crucial the care is coming from trusted providers so people can feel confident their health is being put first. We’re honored to work with RELI Group to connect reliable providers with the millions of people who rely on Medicare for access to health care.”
Troy Aswege, Senior Vice President of Operations, Noridian
All providers participating in the Medicare Part A, Part B, and Durable Medical Equipment (DME) insurance programs are covered by the contract. The primary goals of the contract are to cross-check the Secretary of State (SOS) website with the provider ownership data provided by CMS and to cross-check the results with the Provider Enrollment, Chain, and Ownership System (PECOS). Additionally, with assistance from Noridian, RELI Group will create a standard operating method for every state to successfully authenticate ownership information on the CMS enrollment application.
“We place the highest value in supporting CMS in maintaining the dependability of overseeing national and state-based fraud, waste and abuse initiatives across payment programs. Noridian is a valued partner for RELI on this project because they share in our passion for improving healthcare for the nation and they bring proven expertise in Medicare and Medicaid provider enrollment and management.”
Scott Bonney, Vice President of Health Information Technology at RELI Grou
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HEALTH TECHNOLOGY
Atlas Healthcare Partners | June 29, 2022
An industry first cardiovascular-focused ambulatory surgery center (ASC) business has been formed by Atlas Healthcare Partners and MedAxiom. Atlas Healthcare Partners specializes in creating and operating ambulatory surgery centers (ASCs). By increasing access to top-notch, patient-centered heart care in ASCs, Atlas and MedAxiom will improve cardiovascular care as a whole.
With its health system and physician partners, Atlas, the fastest-growing firm in the ASC sector, has a highly integrated strategy that focuses on coordinating doctors and ASCs with the health system's delivery network and plan.
"We're very excited about the opportunity to partner with MedAxiom. MedAxiom has an excellent national reputation as the cardiovascular performance management leader. Together, we will bring a new level of cardiovascular ASC expertise and experience to health systems and physicians throughout the country."
Aric Burke, Atlas CEO
MedAxiom connects cardiovascular programs, leaders, and industry partners to accomplish the Quadruple Aim of high-quality outcomes, lower costs, improved patient experience, and high physician satisfaction. MedAxiom is the pioneer in cardiovascular operational excellence and performance improvement. Through the integration of technology, innovation, and care delivery, MedAxiom is reshaping the future of cardiovascular care.
"Our ambition to enhance cardiovascular care and improve heart health demands creative tactics and solid relationships. Atlas is a renowned leader and expert in outpatient care with a clear line of vision towards the development of ASC service lines. Health systems and physicians wishing to enter the outpatient treatment market now have a solution thanks to the combination of Atlas' significant ASC experience and MedAxiom's cardiovascular-specific knowledge."
Jerry Blackwell, MD, MBA, FACC, president and CEO of MedAxiom
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