Amazon and CVS are at odds with one another. The problems started when news broke that Amazon was going to try to enter the pharmaceuticals market. At the very least we know that Amazon is seeking licenses in several states to sell pharmaceutical products over the Internet.
CVS had to take the news to heart as they immediately felt the heat that so many other competitors of Amazon have felt in the past. Grocery stores felt that pressure when Amazon purchased Whole Foods outright and became a competitor in their industry overnight. Now, companies know that they have to think about what it could mean for them if Amazon is to do the same thing in their industry. In this particular case, CVS responded by purchasing the insurance giant Aetna.
To some this may appear to be an unrelated move, but that is not really the case. CVS wanted to diversify its business so as to not be as under threat by Amazon. They did so by acquiring another business. This is a common tactic, and it makes a lot of sense in this particular case.
If you wanted to ask someone who knows a thing or two about this situation, you might want to consider talking to Drew Madden. Madden is the healthcare IT professional who has put in time to know how the industry works. He has been both an employee of a company that expanded rapidly while he was there as well as an entrepreneur in his own right. Basically, he has done it all in some fashion or another.
He sees this as something that could really shake up the industry. Like all of the rest of us, he is not about to say that he knows what an Amazon entry into the market will mean for everyone, but he is curiously watching each new development. He wants to see if there are going to be impacts that are easy to measure. Drew Madden believes that it is possible that this may be one of the things that defines the market almost more than anything else in recent memory, but we will all just have to wait and see. See This Page for related information.