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More players on telehealth and retail healthcare
Google, Amazon, Walmart, Kroger, Costco on the reimagined medtail (medical + retail)
The boost of telehealth offerings and patient information digitization was accelerated by the pandemic, as big box spaces need repurposing.
💊 Google Health aims “to help everyone live more life every day through products and services that connect and bring meaning to health information.”
The push into prescription drugs on retailers like Amazon, Walmart, Kroger and Costco is to keep customers coming to their stores where they’re likely to make other purchases.
As more players enter the retail healthcare space, increased competition could also drive down the costs of generic medicine.
💊 Walmart plans to open 4,000 health clinics by 2029, to help bring affordable, quality healthcare to more Americans, because 90% of Americans live within 10 miles of a Walmart store living up to their motto “Save money, live better”.
💊 Amazon Pharmacy is trying to persuade consumers to buy drugs online by making “filling a prescription just as easy as shopping on Amazon”.