Drew Madden- An Investor In The Healthcare Sector Technology

There are two recent healthcare reports that got players in the industry excited. The first report is about CVS’ intention to acquire Aetna, a leading health insurance firm. The second one was about the much-awaited entry of Amazon in the distribution of healthcare-related equipment. The report revealed that Amazon has already received pharmacy licenses from a number of states. Worthy note from the Amazon report is that, they will not be involved in the distribution of prescription medicines. However, this does not mean it won’t happen. Rumors are already alive that they will be aiming their guns to acquire such licenses after they are done with licenses for equipment.

 

 

The report by Amazon has been reinforced by a move by major shareholders in pharmacy stocks to sell their shares following revelation. Amazon has already shown its ability to engage in retail business after the successful purchase of Whole Foods.

 

 

So, what happens to the established players in the pharmaceuticals business now that Amazon will bring lethal competition right to their doorsteps? Companies such as CVS has been forced to invent new measures that are meant to put up a defensive wall against expected competition from Amazon. The recent move to join healthcare insurance will broaden its services in the healthcare sector. Another measure that it has taken is that of delivering products to the consumers’ doorsteps. The company has announced that it will start a next-day delivery as well as same-day delivery in some metro areas. View Additional Info Here.

 

 

About Drew Madden

 

 

Drew Madden is an IT investor in the healthcare industry. His job is assisting companies in the industry to come up with unique teams of professionals as well as create strong cultures which will help them establish and maintain solid client relationships. Drew Madden stands out in the healthcare field. He is a high caliber Healthcare IT investor.

 

Drew Madden has worked for Nordic Consulting Partners between 2010 and 2016. He was the president of the firm. NCP is the biggest Epic Consulting firm and while he was the president it was awarded for excellence in providing the best Epic services for two years (2012 & 2014).

 

 

Drew Madden who holds a degree in Industrial Engineering has started his own healthcare IT firm known as Cerner Corporation. He studied at the Iowa College of Engineering where he specialized in Medical Systems.

The Growth Of The Healthcare Industry With Drew Madden

Amazingly, healthcare has improved gradually over the years in the U.S. However, approximately $9,237 is spent for each person for healthcare. This is almost thrice of what other first world countries spend. The healthcare industry still has more potential to grow as there are some challenges witnessed.

 

The trick towards improved healthcare is getting more entrepreneurs venturing into the healthcare sector. Most investors develop cold feet here because the industry comes with strict regulations which end up not being a free market.

 

However, there is a definite development as Aneesh Chopra who was the first U.S Chief Technology Officer, was appointed by Barrack Obama. He foresaw the official launching of Startup America, Open Innovator’s Toolkit, among others in a bid to enhance technology in healthcare. One of the ways technology can be used to improve healthcare services is developing software that will track patients after a transfer to rehab.

 

All in all, Amazon recently disclosed that it had acquired pharmacy licenses. This can only mean that other companies have to be more creative to stay at the top. However, Amazon’s licenses are for mainly distributing healthcare equipment. Refer to This Article for related information.

 

Competition is healthy, and it pushes for more innovations. As such, a move by CVS also indicates that the sector is headed for greatness. They are considering buying Aetna, a health insurance service provider. These moves are set to expand the industry.

 

People have come up with technological developments to aid in the healthcare industry. Drew Madden has not been left behind with his B.S.E in Industrial Engineering with an emphasis on Medical Systems from University of Iowa College of Engineering.

 

Drew Madden is a healthcare IT businessman who has experience in Electronic Medical Records (EMR). He has, over the years, been involved in coming up with different EMR projects implemented in various healthcare facilities. He is currently the Managing Partner at Evergreen Healthcare Partners which specializes in healthcare IT.

 

Before Evergreen, Madden was formerly working at Nordic Consulting Partners as the president from June 2011 to April 2016. The company is the largest Epic only firm in the U.S. He had also worked as the Regional Sales Director at Ingenix Consulting for slightly over a year, in charge of the sales of Epic.

 

Source: https://drew-madden.com/