Tech giant Amazon (NASDAQ: AMZN) was in the bidding for home health company Signify Health but ended up losing out to CVS Health . It may have been a disappointment for investors who were hoping Amazon would deepen its footprint in healthcare.
However, there are three other companies that could be even better targets for Amazon to pursue: GoodRx Holdings (NASDAQ: GDRX) , Doximity (NYSE: DOCS) , and Hims & Hers Health (NYSE: HIMS) . Let's take a look at each one.
GoodRx sits atop this list because it could be the best fit for Amazon. Its focus on offering prescription medication at a cheap price for customers makes sense for two reasons. First, it would complement Amazon's existing online pharmacy, PillPack, which it acquired back in 2018.
For further details see:
Amazon Lost Signify: 3 Healthcare Companies That May Be Better Options