There is currently a battle brewing between a current healthcare giant and one of the largest companies on the planet. The battle between these two companies could decide the future of healthcare for hundreds of millions of people across the United States. And one of the leading experts in the healthcare industry, Drew Madden, is positioning his company to benefit no matter who wins.
According to a recent article in Venturebeat.com, the current health care battle pits pharmacy giant CVS against ecommerce leader Amazon. Right now, CVS is the in the midst of buying Atena in a blockbuster $69 billion dollar deal. Many people believe that the deal is taking place to prevent Amazon from making a disruptive move in the healthcare space.
Recently, Amazon shocked the grocery industry when they acquired Whole Foods. That announcement sent all other grocery chain stocks into a freefall. With Amazon slashing prices at the normally expensive Whole Foods, analysts see the same thing happening to the pharmacy industry.
Right now, the cost of drugs is cost prohibited for many people. And Amazon has the pricing power to force drug companies to lower their prices. Recently, Amazon had obtained permission to begin selling prescription drugs in several states. Several analysists see this as a tell-tale sign that the e-commerce giant will soon buy a major pharmacy chain or begin filling prescriptions in some other manner.
One of the people closely watching the events folding between CVS and Amazon is the healthcare IT executive and entrepreneur Drew Madden. For over a decade, Mr. Madden has been innovating the healthcare IT industry. And no matter what happens between CVS and Atena, Mr. Madden will have his company, Evergreen Healthcare Partners, ready to capitalize on the situation.
Prior to his position as a Managing Partner at Evergreen Healthcare Partners, Drew Madden was the President of Nordic Consulting Partners from 2011 to 2016. In that time, Mr. Madden was able to grow the company from just a handful of employees to well over 700 staffers. As the healthcare industry continues to evolve, Mr. Drew Madden will position Evergreen Healthcare Partners to lead the way.