Tag: healthcare

Dr. Amazon

For as much flack as I give Amazon for their practices, I will hand one thing to them: they take a page from Google and try lots of things to see what sticks. Not as many as Google but Amazon has its fingers in a lot of areas. Surprisingly, their AWS hosting service is the most profitable part of the company. Now they’re fully expanding into an area they’d dabbled in for a little bit: prescription drugs. The new expansion to “The world’s biggest store” is a simple subscription that can make a big difference for people. Called RxPass, the…

Mark Cuban’s Affordable Drugs

Generally, the super-wealthy are obsessed with their own pet projects. One who has a pretty-positive perception is Mark Cuban. Best known for owning the Dallas Mavericks along with being the wealthiest Shark on Shark Tank, Cuban has done something amazing. He’s opened an online pharmacy so people can actually get their medications for an affordable price. Chris Morris at Fortune has the details. To lower costs, Cuban cut out the middleman, setting up his own pharmaceutical wholesaler and negotiating directly with drug manufacturers and pharmacies for rebates and discounts. [There is an] added $3 pharmacist fee. Shipping is $5. Fortune…