Because the prospect of Amazon’s disruption of healthcare continues to makes waves within the industry, many stakeholders want to shore up their enterprise by introducing Amazon-esque options and companies.
Working example is Walgreens launch of a nationwide service with FedEx for next-day prescription deliveries. At the moment out there in main markets together with Dallas, Chicago and New York, the supply service shall be expanded to extra markets in 2019.
Sufferers who’re signed up for alerts that notify them when their prescription is prepared can now select to have their medicine delivered to their doorstep inside a day for a $four.99 payment.
Subsequent-day supply is a part of a wider initiative from the pharmacy chain referred to as Walgreens Categorical meant to make filling prescriptions simpler by permitting sufferers to preview their price, prepay for eligible prescriptions and select between residence supply or specific pickup in retailer.
“This announcement expands Walgreens’ mail capabilities, an space the place traditionally it has been much less targeted than different pharmacies resulting from its primarily retail base,” wrote Financial institution of America analysts in a analysis observe.
The partnership additionally builds on the corporate’s present relationship with FedEx which gives package deal pickup and drop-off companies at Walgreens retails areas across the nation.
“Subsequent-day prescription residence supply is one other convenience-driver, alongside our industry-leading variety of prolonged hours pharmacies and some of the downloaded digital apps within the class, designed to place care within the fingers of our sufferers,” Richard Ashworth, Walgreens president of operations, stated in an announcement.
Walgreens roll out of its supply companies follows the same transfer by CVS earlier this 12 months to fend off the potential risk from Amazon’s acquisition of pharmacy startup of PillPack, which gave the e-commerce big a prepared made pathway to legally ship prescription medicine nationwide.
CVS has additionally began to pilot a membership program paying homage to Amazon Prime providing free one or two day supply on most prescription drugs and purchases, a reduction on objects below the CVS Well being model, entry to a 24/7 pharmacist hotline and a $10 month-to-month retailer credit score.
One different avenue that pharmacy firms are exploring to protect their enterprise is growing vertical integration, as evidenced by CVS Well being’s $69 billion Aetna acquisition and stories about Walgreens and insurer Humana planning to take possession stakes in one another.
Picture: Joe Raedle, Getty Photos