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In Healthcare, the Non-Tradition Continues

by John Commins

Health Leaders Media

Article excerpt

CVS Health Posts Strong Retail, Omnicare Outlook

CEO Larry Merlo is upbeat about the growth potential for walk-in clinics and as a consequence of its acquisition of OmniCare last summer, sees “opportunities across the spectrum in skilled nursing, assisted living, and the independent living spaces.”

Our take

Competitors or Collaborators? Maybe a Little of Both.

CVS Health recently rolled out an EHR across its retail settings. That’s a big step toward interoperability between these retail clinics and, potentially, with patients’ other healthcare providers. As CEO Larry Merlo said: “That does create a tighter interface with the health system affiliations, where we can transmit the information around a particular patient in a seamless fashion.” Are you prepared to partner with CVS Health and other emerging non-traditional healthcare providers?

As telemedicine continues to emerge, and barriers diminish, to allow cross-state service deliverability and reimbursement, new types of competitors/collaborators are likely to emerge. It’s a trend that cannot be ignored. Healthcare organizations need to be thinking now about how they will interact with these new forms of competitors, and how those interactions can be aided through technology that will allow the seamless sharing of patient information between traditional and non-traditional providers.