Industry News

Amazon Enters The Pharmacy Business

In a recent article from Crain’s, it was estimated that failure to take prescription drugs kills about 125,000 Americans a year (taken from a report in the Annals of Internal Medicine). And, that this form of noncompliance costs the health care system $100 billion to $289 billing a year. Amazon’s purchase of the online pharmacy service, Pillpack, is intended to address this issue by bolstering the existing PillPack model of simplifying care for its customers by pre-sorting multiple prescriptions and by cutting down on the 20-30 percent of prescriptions that are reportedly never filled.