As CVS Health revises its health strategy, it is establishing a partnership with Microsoft to digitize more of its business. CVS will migrate some of its existing processes to Microsoft’s cloud service Azure, and will also work with the company to build more consumer-oriented health tools because it hopes to build its digital business.
company Strategic alliance announced on Thursday, Although they did not disclose the terms of the transaction.Coming soon CVS announces that it will close 900 of its stores, And refurbish other locations to pay more attention to health and wellness services.
CVS Chief Information Officer Roshan Navagamuwa said in a press release: “We are rapidly transforming into a consumer-centric integrated health solutions company, and everything we do adopts a digital-first, technologically advanced approach.”
One aspect of the collaboration will be to build consumer-oriented tools that can use patient data to provide customized health advice. For example, the company may remind people at risk of melanoma to buy sunscreen, According to Forbes.
The company also plans to use Azure to build its retail loyalty and personalization program.
CVS has used Azure in the past to automate some tasks. For example, when prescriptions are usually delivered via paper or fax machines, it uses computer vision and text analysis to help digitize the intake of specialized pharmacies, making it easier and faster to dispense medicines. CVS said it will work with Microsoft to find more ways to simplify the process.
Finally, the partnership will also involve CVS launching Microsoft products for its employees, such as Teams and Microsoft Office for video conferencing.
Microsoft has recently been working hard to expand its role in the healthcare sector, as cloud rivals Google and Amazon are also looking for market share.Microsoft Reached a strategic partnership last year With rival Walgreens, and Integrated with Teladoc Applies to Microsoft teams. It also made a big, Acquired Nuance for US$19.7 billion, Which makes speech recognition tools for documents.
Image source: CVS Health
