Walmart Labs acqui-hires home health tech startup

Walmart Labs, the retail giant's San Bruno, Calif.-based technology and innovation arm, has acqui-hired Flocare, a Palo Alto, Calif.-based software company developing an app to streamline scheduling and communication for home healthcare providers, Mint reports.

As part of the transaction, several members of FloCare's core engineering team will reportedly join Walmart Labs' customer technology team. Within the team, which is centered on digitizing the retail experience, the FloCare group will focus specifically on optimizing Walmart's health and wellness offerings.

FloCare was founded by former Google employees as a way to make clinicians more efficient and, in the process, improve care and lower costs for the homebound aging population. Walmart Labs, meanwhile, creates proprietary technology for Walmart stores and delivery processes, with teams developing technology to improve supply chain, strategy and the consumer experience.

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