Retail and tech giant Amazon has been eyeing a bid for digital health company Signify Health; the potential acquisition highlights the shift into the healthcare market Amazon is undergoing.
Amazon’s $3.9 billion acquisition of One Medical has dramatically changed the healthcare market since the deal was announced in July. However, pharmacy retail and healthcare giant CVS Health has also been active since Amazon acquired One Medical.
Best Buy will begin selling over-the-counter hearing devices this fall after the Over-the-Counter Hearing Aid Act was signed into law Aug. 16, CNBC reported Aug. 17.
The Big Four tech companies — Alphabet, Amazon, Apple and Microsoft — are accelerating their pursuits of the healthcare market, and they’re starting to hone their strategies and stake corners within the industry.
Kristen Helton, PhD, general manager and director of Amazon Care, is taking time away from the tech giant’s primary healthcare initiative as it acquires One Medical, Bloomberg reported Aug. 11.