There are two major companies looking to take control of the healthcare industry. Many people recognize that Amazon is a worldwide leader in creating all sorts of products. However, it looks like this massive company might be looking to step into the world of pharmaceuticals. Amazon has currently been able to obtain pharmacy licenses in multiple states throughout America. CVS is a company that already has the prescription side of things taken care of. That being said, it appears that CVS is looking to expand operations of their own. Recent news was announced that CVS might be purchasing health insurance company Aetna.
It’s impossible to neglect how profitable the healthcare industry has become. One major reason many feel that the current healthcare system is lacking is due to utilizing archaic systems for rating and referrals. Many feel that a centralized system that tracks the path of a patient after they transfer to new care facilities. Another problem faced by those in the healthcare industry is in regards to collecting diagnostics for patients. Both patients and medical professionals would stand to benefit from software that was able to collect more information about people before their doctor’s visit. Health tracking software could become one of the most beneficial inventions within the healthcare industry. Unfortunately, many feel that there is a lack of entrepreneurs in the healthcare industry that can improve matters.
Drew Madden is an IT executive who understands the challenges faced by the healthcare industry. In 2010, Madden joined Nordic Consulting Partners to help change the way healthcare business is conducted. During his time spent with Nordic, Madden would grow this company from having 10 to 725 employees. In addition, Madden would go on to increase the revenue earned by Nordic Consulting Partners from one million to 130 million dollars. Currently, Drew Madden continues to be an innovator in the field of healthcare information technology.