Amazon has set its sight on healthcare supplies in a growth drive that will propel the online retail giant into partnerships with hospitals and clinics.
According to reports, the company is widening its reach on Amazon Business, an arm that deals with business supplies. Amazon is said to have initiated a trial program with a Midwest hospital system to supply specialized items.
Speaking to the Wall Street Journal, Chris Holt, Amazon’s head of global healthcare said that the company’s goal is to provide some freshness into the sector by creating novel capabilities and features that will simplify buying of medical supplies.
This particular step by Amazon indicates the intensity with which the company is doubling down its efforts to enter the medical sector. Last month the company unveiled a partnership with Berkshire Hathaway and JPMorgan Chase to help lower healthcare costs for employees by creating and independent healthcare company. The initiative is aimed at providing a holistic healthcare approach to employees that will not only ensure better health but also contribute to their productivity.
Amazon has been hiring top level executives in the health sector for a while which led to speculation about its potential entry into the sector. Some of these professionals are reportedly working on special projects within the company which include a specialized service that will utilize Alexa to deliver health services to users.
According to information available on its website, Amazon is already involved in medical supplies albeit on a small scale. Following in the footsteps of its online business model, the company says that it provides comparison shopping for clients to capture affordability by making the supply chain efficient. It adds that the aim is to better the purchasing process for health providers.