Becker's Healthcare August 27, 2020
Hospitals and health systems must rethink partnerships and digital infrastructure to remain competitive with retail and tech disruptors like Amazon, CVS and Google.
In its August 2020 COVID-19 Digital Insight Series Industry Consolidation – Disruptors report, Renton, Wash.-based Providence examines some of the consolidation activities in healthcare led by tech-enabled retail, pure play and big tech disruptors.
“While tech and retail companies have been actively positioning their portfolios to deliver health services for several years, the [COVID-19] crisis has accelerated their strategies and growth opportunities while likely stalling growth initiatives of incumbent provider organizations.”
Here are some examples of some of the biggest consolidators disrupting the healthcare market as well as their strategic focuses and targets, according to the report....