CVS Pharmacy and Amazon are slated to duke it out in the nationwide commercial marketplace in an attempt to own the average healthcare consumer. Most people use prescription medication on a regular basis, whether it’s something common like lisinopril for blood pressure, or specialized healthcare equipment to facilitate movement.
While Amazon isn’t currently able to distribute prescription medications throughout the United States of America, the company recently applied for several permits to distribute equipment strictly for healthcare use in a handful of states around the nation with the largest markets for such needs. In coming weeks, Amazon is expected to apply to purchase and distribute prescription medications.
To compete with CVS Pharmacy’s recent same-day pharmaceutical medicine delivery offer, in which drivers will deliver medicine right to patients’ front doors, Amazon is slated to begin shipping healthcare equipment soon. Next up is prescription medication. Although CVS Pharmacy has the first-mover advantage in this situation, Amazon is one of the largest companies in the world – much larger than CVS Pharmacy – and can assume leadership in the medication marketplace with help from its sheer size.
Although CVS Pharmacy is already a pharmacy benefit manager expert – meaning it has great relationships with organizations that broker the sale of prescription medications to pharmacies – Amazon is already striking relationships with other pharmacy benefit managers, meaning it can quickly step into the foray as soon as it receives relevant licensure to compete in the industry. Read This Article for more information.
Healthcare Information Technology Expert Drew Madden
Information technology, basically the infrastructure of technological devices and related equipment within a business, is highly important in the field of healthcare. Drew Madden has realized this for a decade now, as he has served the industry for just over a decade as of 2018.
Mr. Drew Madden started his exploration into the industry by focusing on Medical Systems with a degree in Industrial Engineering from the University of Iowa College of Engineering. Right after he graduated, he got a job at Cerner Corporation.
Drew Madden most lucrative position thus far came from Nordic Consulting Partners, earning the title of President in 2011, where he stayed until 2016.