The e-commerce and cloud-computing giant isn’t the only suitor for U.S.-based Signify, which offers a platform for health data and analytics and in-home diagnostic tests and evaluations. Others include pharmacy chain CVS, insurance company UnitedHealth Group and intravenous medicine service Option Care Health. (The Wall Street Journal, Bloomberg)
Talking point: The possible buyers indicate the range of companies looking to be big players in tech-enabled health care. Amazon might have the shortest history in the sector but its experience with big data is undeniable, and it spent US$3.9 billion to buy a chain of family-medicine clinics last month. (In Canada, Loblaw-owned Shoppers Drug Mart and Telus are on similar paths, along with purpose-created companies like Vancouver’s Well Health.) Top-notch analytics could mean better preventive health care and treatment, but also that one company could compile a profile on you that includes the TV shows you watch, the cereal you buy, who rings your doorbell and whether you kept using the ointment until it was all gone the way the doctor said.