Walmart bid for Humana and talks with Pill Pack
I am Dr. Chaffee Wagner with health care and I’m going to tell you I am a little bit of hot, I was busy last week, but I pull the story and I wanted to make sure I shared it with you, Walmart is talking about acquiring Humana, what do you think about that?
Do you think they’re going to be good or bad? Go ahead, leave your comments below, let me know, here’s what happens, it is his major health insurance stock rose across the board on Monday, this was last week, the first day of trading since reports revealed Walmart has discussed an acquisition of Humana shares of Humana close up 4.4% shares of Anthem the United and Medicaid providers Centene close of 0.2%, one point five percent and down zero point five eight percent respectively, why shares a Walmart fell three point eight percent the discussions remain in the early stages.
Walmart is interested in strengthening its existing relationship with Humana amid, a rush of deal speculation in the industry, every time I think about someone’s in, wait a minute now, you’ve got Walmart, Walmart’s retail is closed, it’s household goods, they do have a pharmacy, but I think there’s been varying stories where a lot of people work at Walmart or on Medicaid based on pay.
So I think about it, but if they’re in position to acquire a company like Humana, a health insurance company, I think you could pay people more, so people are familiar with the matter cautioned that details of the deal, it didn’t even print the rest of it.
It’s something to watch now, but here’s something else that I found shortly after last week, when I was doing my research, Walmart also talks about online pharmacy, start up pill pack no sounds like somebody’s trying to cup closing the market on a lot of things.
Now let me show you something with it, when you’re with your self-employed, you’re an entrepreneur, you’re watching the first positioning which is key, they position themselves to do this and I can only imagine what would happen.
If they buy an online pharmacy start up, it says this is another clue that America’s largest brick and mortar retailer is seriously looking at becoming a health care disrupter, Health Care disrupter, I’m saying and it says what they’re doing could fundamentally reshape healthcare delivery in ways that Amazon may have trouble matching.
They were like that, we’re going to do something, but see what Amazon is doing is for Amazon employees, that’s what you need to understand, first of all, that’s for Amazon employees now, it says pillpack describes itself as a full-service pharmacy that source your medication by the dose and delivers to your door.
It aims to save time by not making that, because customers visit a physical pharmacy to fill their prescriptions, you know what I understand that concept, but what happens if you get the wrong medication in the mail, what happens the service with round-the-clock customer support automatically, read those prescriptions and ships for free.
There’s also a pill pack iPhone app that manages medications and less users contact the pharmacist Walmart runs about 4,500 pharmacies of its own that offer online access and a related mobile app.
But the talks with a purely online pharmacy point to Walmart increase ecommerce focus after several acquisitions over the last year’s open sea is that Amazon was were also in Tulsa once with pillpack.
So what makes Walmart more attractive? I’m curious about this now, let’s keep going amazon which has reportedly been added to his pharmacy team and introduced some private label over-the-counter health products amid month-long rumors that the e-commerce giant enters the pharmacy business.
CVS health is in the midst of acquiring Aetna, when these companies start acquiring each other, you got to watch out, because it takes away, I’m thinking about history bargaining power, if you only have a certain amount of companies that are doing things, what do you think?
I want you to weigh in on this, leave me a comment below and let me know what you are thinking Walmart Humana pill pet, I am Dr. Chaffee Wagner with all your health care, make sure you have subscribed to this channel, share with friends, family members, so you don’t miss out on anything, I stay tuned, I’m coming back at you.