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Amazon announced a way to get lower cost healthcare today. I can only assume they are buying out health insurance and medical groups to make a better network wi
by orionblastar 9y ago
Amazon announced a way to get lower cost healthcare today. I can only assume they are buying out health insurance and medical groups to make a better network with lower costs, AI ML programs to diagnose illnesses and do administration via automation, ECT.
I remember in collage taking business management, that Microsoft and other super giant tech companies have to get into new markets or use tech to lower the cost to customers to beat the competition. I was told Microsoft might buy out banks and get into lending, ECT.
Problem is a lot of nursing homes, hospitals etc don't have the budget to automate things or even have a modern computer and OS. If Amazon makes a deal they can run Android apps on Fire Tablets provided for free and have access to an AWS based database.
I am sure this won't be the last area they get into, but it will provide growth.
https://www.usatoday.com/story/money/2018/01/30/amazon-berkshire-hathaway-jpmorgan-health-care-deal-could-shake-up-health-care/1078823001/ https://www.usatoday.com/story/money/2018/01/30/amazon-berks...
Edit: I found a link to cite