CVS Health and Microsoft are forming a strategic alliance to co-develop products around the areas of personalized care and digital health, reports Healthcare Dive.
CVS said it plans to use Microsoft’s computing capabilities to deliver more customized health recommendations when and where consumers need them as the retail pharmacy giant continues to focus on digitally enabled and consumer-centric health services. The two will also look for new ways to leverage technology and machine learning to automate CVS operations and reduce waste.
Financial terms of the five-year deal were not disclosed. Read more.
