There is exciting news in the world of healthcare. That being that both Amazon and CVS have made some recent business moves that make them all the more customer-friendly and innovative.
Drew Madden has been tracking these developments. Given that he is a healthcare information technology entrepreneur, this should come as little surprise. He has essentially dedicated his whole life to studying what goes on in the healthcare sector in the United States. He always wants to keep his finger on the pulse of that particular market because it is so critical to the ways in which we all live and work.
Amazon made big news recently when they started to apply for licenses to sell pharmaceutical products across states lines. They applied for licenses in a variety of states, but it is not quite clear yet if they plan to truly go about selling those products. Amazon does like to test the waters with a number of different business opportunities. They very well could have done this just to see what the reaction would be from major industry players already in the market.
Prior to that announcement even being made, CVS had already taken steps to help diversify its holdings and make itself a bigger player in healthcare. They decided that a purchase of Aetna would help them have a more broad offering to customers. This would allow them to offer the very healthcare insurance that customers would later use to purchase their prescriptions from CVS in the first place.
Both of these business choices have real implications in the real world. To a lot of people they are actually very exciting developments. After all, it is hard to imagine what life will be like once we have the likes of Amazon and CVS both working towards making getting our prescriptions just a little easier. One is an industry leader that we already know and love, and the other is one of the most beloved companies in the world to begin with. It is hard to see how any of this ends up for the worse for those of us who use the healthcare services that they provide.