One-Click Healthcare with Amazon; Narrow Networks Yield Savings and Quality

The recent announcement that a trio of powerful companies, Amazon, Berkshire Hathaway and JPMorgan were entering the healthcare market has caused major reverberations on Wall Street and other sectors of the economy (see: Three Major Corporations Will Form Healthcare Company for Their Employees). The announcement has caused speculation about their actual business plan with some suggesting that the company would deploy new technology to disrupt this large part of the US economy. A recent article further suggested that the"Amazonification" of healthcare could start by bringing one-click"shopping" to healthcare (see: The Amazonification of Healthcare starts now). Below is an excerpt from the article:So why was Amazon ’s “one click purchase” so innovative? It’s so simple that it might not sound like a big deal, but IT IS A BIG DEAL. Amazon isn ’t about buying books online, although that’s where they started.It ’s really about Consumer Financial Engagement where the Consumer is in control. What most don ’t realize is that the Retailer who sells through Amazon also benefits from this consumer focus.When you put all the retailers together in one place, say hello to checking out with ONE vendor, ONE receipt and visibility to everything that ’s being delivered to your front door. Consumers loved it for it’s simplicity and convenience. Retailers loved it for the fact that they were there in front of the consumers they wante...
Source: Lab Soft News - Category: Laboratory Medicine Authors: Tags: Cost of Healthcare Healthcare Business Healthcare Delivery Healthcare Innovations Healthcare Insurance Medical Consumerism Source Type: blogs