Today’s retail pharmacies face increasing pressure from all fronts. Governments are aiming to reduce health care costs, and public sentiment is pushing the industry toward a value-based model. The use of high-cost specialty drugs is increasing dispensing complexity and shifting channel volume — at a time when disruptors like Amazon are poised to impact pricing.
SEATTLE — Amazon.com has rolled out a health care pilot with Crossover Health, an expert in comprehensive primary care services, to establish local, convenient health centers near Amazon fulfillment centers and operations facilities across the country. The first Neighborhood Health Center location will be available for Amazon employees and their families in the Dallas-Fort Worth
There’s never been a better time for health care leaders to think outside the [big] box. According to consulting firm McKinsey, health care providers are experiencing a confluence of forces driving a significant move from inpatient care to: • Distributed settings of care. • Locations that answer consumers’ growing demand for convenience. • Lower-cost, less
At the same time mindsets have shifted toward taking care of one’s personal health and wellness, the natural space has expanded and a variety of purported “better for you” and “free from” products have emerged in food, health, beauty, wellness and other lifestyle categories. As this trend toward self-care becomes a focus of more consumers,
Editor’s note: The second in a series of seven articles by A.T. Kearney on the trends that are radically transforming the health sector. There is no question that science is rapidly accelerating the health care opportunities we see in the marketplace. Broader genetics capabilities could mean new services and treatments based on genetic makeup that
When America reaches its 250th anniversary in 2026, Millennials — those born between 1981 and 1997 — will represent the largest and most influential adult generational cohort in America, with a profound opportunity to realign the nation’s priorities as they enter their prime years and influence the shape of the future health care landscape. Millennials
WOONSOCKET, R.I. — CVS Health president and chief executive officer Larry Merlo will join an exceptional mix of business experts and thought leaders who will share their insights on the accelerated pace of change in health care and how innovation, investments in technology, emerging business models and new competition are transforming the $3.6 trillion health care industry sector during Spotlight Health,
WASHINGTON — In a statement to the Senate Finance Committee this week on the challenges of health care and ways to improve it in rural America, the National Association of Chain Drug Stores (NACDS) honed in on the specific and key contributions pharmacy provides in rural communities. As Congress grapples with the daunting task of finding
BOSTON — Online retail giant Amazon will enter the broader health care market — it’s just a question of how, according to global management consulting firm L.E.K. Consulting. In a new report released yesterday, L.E.K. said Amazon has the right combination of capabilities for “its big health care-industry ambitions” and could launch offerings running the gamut from
WASHINGTON — Change is apparently looming for the Affordable Care Act, regardless of whether Hillary Clinton or Donald Trump wins the 2016 presidential election. Though it’s uncertain if health care will emerge as a topic at tonight’s third and final presidential debate in Las Vegas at the University of Nevada, the issue was the subject
NEW YORK — With the 2016 presidential election drawing near, health care has emerged as a policy area in which the two major candidates’ differences are strikingly clear. A useful starting point might be their respective approaches to prescription drug pricing. The Republican candidate, Donald Trump, created a sensation in January when he advocated allowing
The digital data universe is growing dramatically — doubling every two years by some estimates. But when it comes to the implications for health care, pragmatic questions remain: What are the possibilities of new applications that capitalize on digitized data? Why isn’t change happening faster? And what barriers are preventing adoption? I recently had the
A lot of uncertainty surrounds the future of health exchanges, but one thing is clear: Customers will have more information about and more transparency into what their health dollars buy — and thus more power to choose. As providers compete on this somewhat leveled playing field, they will be pressured to find new ways to
WASHINGTON — Larry Merlo basked in the glow of a tribute to CVS Health from President Obama during the State of the Union address last month. Attending the speech at the invitation of first lady Michelle Obama, the CVS chief executive officer was shown on national television after the president said, “Tonight, I’m also asking more
