Article
Walgreens is slowly pushing the limits of digital health strategies in the retail pharmacy environment.
The annual conference for the Healthcare Information and Management Systems Society (HIMSS) is a time for many leaders and innovators in the realm of informatics and associated health technologies come together to share ideas and concepts. At the HIMSS 2015 annual meeting in Chicago, there were several interesting developments from Walgreens worth knowing about for the future.
Walgreens president Alex Gourlay opened up the keynote session for HIMSS, where he expounded upon Walgreens' stance as one of the largest pharmacy companies in the United States and its ability to leverage digital health as a means to expand business and patient engagement.
In the midst of drastic changes occurring in pharmacy at large, such as the rise of retail clinics and the expansion of in-pharmacy lab testing, Walgreens sees digital health as a way to improve the overall pharmacy environment.
Walgreens has already demonstrated its ability to embrace mobile devices to improve the interactions of patients with pharmacy services. The company's mobile app allows users to drastically reduce the time to refill their medications compared with traditional means (such as phoning the pharmacy), schedule their medications for adherence reminders, and chat with pharmacists.
More recent developments include:
Walgreens is actively embracing a digital health strategy, but how the competition will react remains to be seen. CVS has also shown interest in developing a similar digital health strategy, and it is in the process of opening innovation centers and embracing start-ups.
Walgreens has made great headway, however, so many other retail pharmacies may just wait to see consumer responses before mimicking any possible successes. The key area will be which companies Walgreens chooses to partner with, and how big of a claim they want in the digital health market before others jump in.
This article was collaboratively written with Leonard Ming Wai Tam, a 2015 PharmD Candidate at MCPHS University in Worcester, Massachusetts.