Hello,
We’ve made it to the start of another work week. Hope everyone’s found some time to take off this summer if possible!
Today, we take a closer look at Walmart’s health ambitions, the 20 healthcare startups worth more than $1 billion, and America’s coronavirus testing crisis. Meanwhile, Florida on Sunday hit a new record for daily coronavirus infections.
Foto: Source: Courtesy Walmart
Walmart's ambitions are becoming clearer as it pushes into the $3.6 trillion US healthcare industry. Its plans make the retailer a 'sleeping giant to watch.'
- In the past year, Walmart has been beefing up its healthcare ambitions starting with health clinics in Georgia.
- Since then, Walmart's made a foray into the business of selling insurance policies and bought the prescription management tech of pharmacy startup CareZone.
- As retailers increasingly make a push to offer healthcare services, Walmart could be the "sleeping giant" worth watching, analysts at Morgan Stanley wrote in a note Friday.
Foto: Source: VillageMD
The 20 billion-dollar startups to watch that are revolutionizing healthcare in 2020
- 2020 is shaping up to be a bumpy year for startups as they navigate the financial fallout of the coronavirus pandemic.
- Even so, through the first half of the year, healthcare startups managed to raise hundreds of millions.
- VillageMD joins the list of 20 startups hitting unicorn status after a July investment from Walgreens.
Foto: Source: Callaghan O'Hare/Reuters
The US is in the middle of another coronavirus testing crisis - on a far larger scale than before
- Coronavirus testing in the US is failing again as the country faces an unprecedented surge of new cases.
- The bottlenecks obscure how large the new outbreaks are and prevent officials from tracking down infected people before they spread the virus.
- Testing must grow rapidly to prevent this from happening yet again in the fall.
Read the full story from Morgan McFall-Johnsen here>>
More stories we're reading:
- The US has run out of time and excuses. Now we'll be forced to watch thousands die of the coronavirus. (Business Insider)
- There's a new tool to help patients sort through the hundreds of mental health apps out there (Stat News)
- Photos show what it's like inside a Houston hospital right now, where coronavirus cases are skyrocketing and ICUs are nearly full (Insider)
- The Financial Times' Hannah Kuchler has "lunch" with Anthony Fauci, who tells her "We are living in the perfect storm right now." (Financial Times)
- Antibody tests around the world suggest very, very few people have built immunity to the coronavirus (Business Insider)
Thanks for reading, see you tomorrow! Reach me in the meantime at [email protected].
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- Lydia
