Can Nobody Stop Amazon?
Amazon is on a rampage. It’s been knocking companies in various industries to the side or out of business entirely such as Toys “R” Us, and they have several others on the chopping block right now. That list, which is subject to grow in the coming months, includes the following retailers:
- Foot Locker
- Barnes and Noble
- Grocery stores everywhere
Recently, the colossus made its next advancement into a new industry: pharmacy. Amazon isn’t yet ready to sell pharmaceutical drugs as that requires a special license that they’re working on, but for now, the monolith has obtained the legal means to sell equipment for medical purposes to retailers and individual customers alike. Naturally, this is putting even more pressure on places like Costco that have their own inbuilt pharmacies, but worse than this are the smaller, more focused establishments like CVS that specialize in this area.
CVS’ Attack Plan
The health and wellness company, which sells general medical goods and dispenses prescription medications alike, is missing one crucial service that Amazon isn’t equipped to sell: health insurance. When word hit the street that Amazon’s influence was moving into the medical market, CVS decided the time was right to move on Aetna, a renown provider of health insurance for a large chunk of the country. As such, if CVS succeeds at acquiring the company, they can begin to offer more comprehensive medical services from behind their counters up to and including health insurance.
Who CVS Needs the Most
To succeed here, CVS and other stores like it (Rite Aid and Walgreen’s, for two) will need to confer with experts in the industry of medical IT. One of the executive leaders in this field currently is Drew Madden, a man whose sage has provided new ground for companies to gain traction and stay in business. Medical IT is extremely important for any company that seeks to combine pharmacy, health insurance and general medical goods under one roof because the seamless synergy of these traits needs a solid soft- and hardware basis. Drew Madden and his team at Evergreen Healthcare can provide this.