The biggest U.S. retailers are placing huge bets on healthcare, reports Firece Healthcare . As patients increasingly demand lower costs and convenient care delivery, retailers like Walmart, Amazon, CVS and Walgreens have stepped in to meet their needs where traditional providers lack the resources to do the same.
All four companies have accelerated their investments in healthcare this year, stepping into new areas from primary care to telehealth.
And the retail healthcare boom isn’t expected to slow down anytime soon. Next year, industry experts anticipate that retailers will ramp up their investments in key technologies and tackle issues like social determinants of health and data sharing to provide personalized healthcare experiences to their customers. Read more.