Becker's Healthcare January 26, 2024
Retail giant Amazon has expanded its service offerings to include healthcare in recent years, leaving executives and physicians wondering how the company will disrupt the industry moving forward. But how did what was originally an online bookseller become an all-encompassing player in healthcare?
In its nearly 30 years of operations, Amazon has continually increased its foothold in new markets, now boasting a valuation of $1.6 trillion.
Amazon was making waves in the healthcare market as early as 2016. A CNBC study from that year found that 34% of physicians used the company to purchase medical or dental supplies.
In 2017, the stock of dental supply company Henry Schein initially dropped by 5% after Amazon entered the distribution market, purchasing...
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