Motley Fool December 7, 2019
Will patients trust the tech giant with their sensitive medical information?
Amazon.com is always looking for ways to innovate and achieve incremental growth, and the company has shown it isn’t afraid to disrupt other industries to do so.
Focusing on sectors outside e-commerce not only adds diversification but makes the stock a safer long-term buy. Healthcare, in particular, is a significant opportunity for technological advancements, and it’s one area where Amazon could become a significant player in the years to come.
Transcribe Medical is Amazon’s latest foray into healthcare
Amazon made a big splash last year when it announced it was purchasing online pharmacy PillPack for $753 million. That’s chump change for Amazon, a company with more than $23 billion...