There is a storm brewing between CVS and Amazon. The fact of the matter is that both of these companies has a lot to be proud of in terms of what they have accomplished individually. That is definitely the case when it comes to how they are viewed by customers. Both companies have strongly favorable views from most customers. However, the two are about to go to war with one another, and that may change the way that they are viewed, at least by some people.
Drew Madden is a healthcare IT entrepreneur who has been watching the scenes of this battle play out closely. What he wants to see is exactly which of the two is going to end up coming out the least harmed for the adventure.
Amazon hopped into this battle by applying for licenses to sell pharmaceuticals over the Internet in many states. They want to have the legal business right to sell those types of products in the various states. They may not have that ability as we speak, but they could possibly have it in the not so distant future.
CVS has responded to this by deciding to purchase the healthcare insurance company known as Aetna. They wanted to make a statement as it were about the fact that they would not just go quietly into the night while Amazon tried to walk all over them. Instead, they wanted to stand up to those guys and prove that they could hang with them just as well. This is what CVS has managed to do in a way by just sticking around and refusing to back down. They have made a lot more progress on these types of things than many other companies in the same healthcare sector have managed to do.
You have to try to look at the full picture of what CVS and Amazon are doing to solidify their positions in the healthcare industry. It is amazing when you look to see how each action causes a reaction from another. It is something to keep an eye out for if you are serious about keeping tabs on the healthcare industry.
Follow Drew Madden on https://www.linkedin.com/in/drew-madden-60571620