Here are six quick notes:
1. Prescriptions will arrive in one to two days for $4.99 per delivery.
2. Deliveries could include over-the-counter products such as aspirin or face wash.
3. In 2017, CVS executives revealed plans to launch the service but didn’t disclose how the costly last-mile delivery service would be handled. The rollout comes amid falling sales and pressure from competitors.
4. CVS provides mail-order prescriptions through its pharmacy-benefits manager.
5. Historically, filling prescriptions helped CVS bring customers into its stores. Retail made up about 40 percent of the company’s total revenue in 2017.
6. Amazon delivers an estimated half of its U.S. packages through the Postal Service daily. The company has considered launching a prescription offering and ventured into the medical supply business.
Other major retailers have asked United Parcel Service, FedEx or startups to carry out similar home delivery services.
More articles on supply chain:
UPS to deliver critical shipments to ASCs within 4 hours — 5 insights
Amazon wants to disrupt traditional healthcare purchasing — Here’s how
Amazon delivers Prime discount for 68M Medicaid beneficiaries — 5 insights
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.