Been super busy but this merger from the comments hit my radar so read up on it a little. Some quotes from some different articles on the CVS/Aetna merger below. Looking forward to see how this plays out for ALRT
ALRT will be perfectly positioned to grow in the developing space and disrupt right along with companies merging and forming a new blueprint on care like CVS/Aetna. You also have other clinics like Zoomcare and the likes that have been popping up the last few years either regionally or nationally. The argument that Dr's will be the only ones to continue to treat and monitor this chronic disease just does not hold true. This shift in the business practices of pharmacies and clinics combined with insurance companies is really a big development. I did not see this combination coming.
Pharmacist in California are specifically licensed to care for Diabetes in California. Look for more states to follow especially as more mergers like this one take place. The thing I love about ALRT is they have been thinking outside the box and are ahead of this trend and ready to capitalize on it. I would also think this merger would generate more partner opportunities as the path becomes more clear to monetize the plaatform
Quotes - I think they are applicable to the product ALRT has developed. I think we are seeing the tip of the iceberg now.
CVS Health’s proposed acquisition of Aetna is designed to keep patients out of the hospital for as much care as possible while escalating the move away from fee-for-service medicine to value-based care.
CVS plans to expand services in its pharmacies and retail clinics, and even deliver care to customers' homes as a way to capture patients in lower cost settings and save premium dollars paid by Aetna clients, employers and those covered by Medicare and Medicaid insurance.
This is bad news for the nation’s hospitals, which still see millions of patients in their emergency rooms and provide care for ailments that CVS and Aetna executives say could be avoided or directed to an outpatient location.
-------------------------------------------------------------------
The CVS-Aetna deal is a case of a sector self-disrupting before an actual disruptor shows up. Proponents of the merger claim the combined company will redefine the healthcare experience. CVS Health’s 9,700 pharmacies and 1,000 Minute Clinics could evolve to become even more focused on the delivery of actual medical care. Acquiring Aetna adds new services and powerful data informatics components to its enterprise. Most importantly, it gives CVS greater control over patient flow.
I know there are only a small amount of us here but from the videos and knowing what this platform does it is hard to imagine that ALRT is not going to be a player in lowering the cost of diabetes care while also improving outcomes.
On potential alone this stock price should be much higher IMO
