From making telemedicine more consumer friendly to increasing access to care during the pandemic, retail giants including Amazon, Walmart and Walgreens are ramping up their virtual care initiatives and innovating the healthcare delivery system.
Disruptors
Amazon wants to provide online and in-person primary care for other large employers, people familiar with its plan told Business Insider.
Apple CEO Tim Cook expects the tech giant's devices and developments in healthcare and wellness to account for the company's overall greatest contributions.
Since launching its beta program in September 2019, Amazon has scaled its virtual medical clinic Amazon Care for employees across the Seattle area.
VillageMD said it plans to open more than 10 medical clinics offering in-person and telehealth services in the Atlanta region.
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Large retail companies like Walmart, Walgreens and CVS are increasingly offering healthcare services at their locations across the U.S. as well as online.
Amazon is on the hunt for business development leaders to further its healthcare strategy, which may include purchasing provider networks.
CVS Health is offering Aetna commercial and CVS Caremark members a one-year subscription to Apple Fitness+, the company announced on Sept. 15.
Apple is the first company to reach a $2 trillion valuation, according to a Wall Street Journal report.
Nearly half of healthcare provider and payer executives (45 percent) believe that rapid advancements in new tech and innovations will disrupt the healthcare industry, according to an Aug. 11 Accenture report.