Drew Madden, CVS, and Amazon: The Ways Of Healthcare IT

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.

 

If you were to ask Drew Madden what the most interesting industry in the entire economy was, he would undoubtedly say that it is healthcare IT. Drew Madden believes this because of the impact that a single person or idea can have on the whole sector. That single idea can literally touch the lives of perhaps millions of people in no time at all. In this way, almost anyone can feel as though they have made a significant impact on humanity.

 

Amazon and CVS are currently locking horns over which of them will have the greatest opportunity to have those kinds of impacts on all of the rest of us. In one corner you have Amazon which has already touched the lives of most of us. They provide a great place to purchase just about anything over the Internet. They also provide many of the entertainment systems that we use at home. In the other corner, you have CVS, a company that has long been the go-to player in pharmaceuticals. Go To This Page for related information.

 

The two are fighting right now because Amazon is trying to get into the same kinds of business that CVS already operates in. This was evident when Amazon applied for a number of licenses in various states to start selling pharmaceutical products online. This put CVS on notice that Amazon was coming for them.

 

Still, it is not as though CVS was going to go down without a fight. Instead, they decided to counter this move by purchasing a health insurance company called Aetna. This was no small company, and the acquisition was in fact something rather extraordinary for CVS to do. It was their way of saying that they would not back down.

 

Customers who shop at CVS can now enjoy getting their healthcare coverage from the same company as well. In this way, they are helping themselves by saving time and paperwork getting these various products from different companies.

 

Amazon is still striving to be the place that people think of when they think of pharmaceuticals, but that has not yet come to pass. There is still a very long road ahead for both sides.

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