Imagine getting all of your prescription drugs from Amazon. No more trips to the pharmacy, delivery right to your doorstep and even significant savings over what you pay now.
Well, it may soon be possible because industry insiders recently revealed that Amazon is seeking pharmaceutical licenses in several states. The news sent shock waves not just through the pharmaceutical industry, but across the entire healthcare spectrum. When Amazon gets involved in any business sector – things change – dramatically.
As a possible reaction to the rumblings about Amazon, the pharmacy giant CVS may be seeking to absorb Aetna, the behemoth health insurance provider.
Why would CVS make this move? It’s not just to hedge its position against possible competition from the likes of Amazon. Health care industry watchers say that the future of companies in health care may rely on “owning customers” through all phases of their journey through the medical system, from first visit to a doctor, to getting treatment, to buying a prescription drug and finally the insurance that pays for it.
Healthcare IT entrepreneur Drew Madden is keeping a keen eye on what the likes of CVS and Amazon are doing in the healthcare realm. Madden is a managing partner of Evergreen Healthcare Partners. The company provides cutting-edge IT services to a variety of healthcare organizations across the country. The company provides implementation and advisory services across a variety of EHR platforms.
Drew Madden, who holds a B.S.E. in industrial engineering degree from the University of Iowa College of Engineering, says a key factor is making health care more efficient, cost effective and patient focused lies in medical records management.
Drew Madden and his associates are the insider industry professionals that play integral roles in developing the nuts-and-bolts, high-tech infrastructure aspects that will bolster entities — be it Aetna, CVS or Amazon — toward achieving corporate goals as defined by their respective managements.
Madden said he is passionate about the process of “building high caliber teams” and “unique company cultures” that are anchored by trusted partnerships. Madden served as president of Nordic Consulting Partners from 2011 to 2016 before joining Evergreen Healthcare Partners.