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Amazon Shelves Plan To Sell Prescription Drugs (cnbc.com)

Major Blud writes: CNBC is reporting that Amazon Business, which considered selling pharmaceutical products last year, has put its plans to do so on hiatus. "The change in plan comes partly because Amazon has not been able to convince big hospitals to change their traditional purchasing process, which typically involves a number of middlemen and loyal relationships," reports CNBC. Amazon was able to gain licensing in 47 out of the 50 U.S. states, but has struggled to land contracts with large hospital networks. "The setback illustrates the challenges of getting into the medical supply and pharmaceutical space, even for a company as big as Amazon," reports CNBC. "Several health-care and pharmaceutical distribution companies saw their stock take a nosedive following recent reports of Amazon potentially getting into the space, but it will likely take some time before those concerns turn into real threats."

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  1. No incentive for the hospital by nicolaiplum · · Score: 1, Flamebait

    Hospitals (for civilian non-veterans) in the USA have no incentive to be efficient. They can put whatever number they like on the invoice and they'll likely get paid.
    You people in the USA could get cheaper medical care with cheaper drugs if you would get your hospitals and doctors to find the cheapest supplier - but you seem to think that's some sort of evil socialism and you reject it. You have at least one illness: severe delusion. Maybe you have other illnesses too.

    --
    "For a successful technology, reality must take precedence over public relations, for Nature cannot be fooled"