INSIGHTS
September 28, 2020

Big retail’s big bet

At last week’s Rock Health Summit, Best Buy Chief Medical Officer Dr. Daniel Grossman shared why the consumer retail behemoth has a leg up cracking into the $3 trillion healthcare market. The very next day, Best Buy announced a new smartphone enabled with Amazon Alexa to connect seniors with healthcare providers and telehealth services. Meanwhile, membership-only retail warehouse Sam’s Club is making moves into telehealth by partnering with 98point6 to offer members $1 virtual care visits. Sam’s Club owner Walmart continues to broaden its healthcare expansion with a pilot initiative to deliver at-home COVID-19 tests to consumers via drone. The big question: will consumers bite?

Underscoring this long-foretold sea change, the FDA announced the Digital Health Center of Excellence as a central resource for digital health policy and regulation, connecting experts across industry, government, and the general public.

Headlines

GoodRx Raises $1.1B In IPO
An upsized IPO for the rare profitable startup Fierce Healthcare | (Tweet)

Amazon Expands Virtual Health Care For Employees
Initial Seattle pilot to scale across Washington state CNBC | (Tweet)

Teladoc Accuses Amwell Of Patent Infringement
Not the first—nor likely the last—lawsuit in an increasingly crowded space Healthcare IT News | (Tweet)

Microsoft Makes Big Play For Healthcare Cloud Business
Epic integration for telehealth visits among notable features Fierce Healthcare | (Tweet)

Hannover Re Taps Neurotrack To Offer Digital Brain Health Assessments
Inaugural U.S. reinsurer partnership follows successful Japanese rollout HIT Consultant | (Tweet)

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