CVS Health’s COVID-19 Testing for Universities and Employers
CVS Health’s Return Ready™ is a new COVID testing solution and return-to-worksite initiative.
The goal of Return Read is to get America’s employers and universities back on their feet and working in a safe and maintained environment. It’s flexible technology allows it to be situated as on-site testing or drive-thru testing at CVS Pharmacy locations. It’s designed to fit the needs of a business and can be customized as part of their COVID-19 business strategy moving forward, allowing them to decide how, where and when to test employers and students.
Within a workplace, there is the option to do online testing which involves “Rapid point-of-care molecular diagnostic testing” which is ideal for worksites where more and quicker testing is required. The second option is to receive the results over a few days. This involves a swab-and-send sample collected from a drive-thru at one of CVS’ 14,000 locations across the US. This option is recommended for those with a workforce spread across larger areas and where periodic testing is essential.
CVS Health also offers a solution which allows employers to monitor, manage and track data of COVID-19 in an attempt to mitigate the spread across workplaces. This system is accessed as a self-serve, web-based dashboard with easy access to data from nearby locations to help recognise trends from testing sites.
CVS Health is an American healthcare company that is most well known for owning CVS Pharmacy among many other health-related brands. It currently stands as No.1 of the Top Healthcare Organizations in the World based on Sales. It’s revenue sits as $257.3 billion, assisted by the 2018 acquisition of healthcare insurance company, Aetna.
CVS Health has a simple mission, and that is “Helping people on their path to better health.”. They recently joined the initiative that addresses the issue of racial inequality in America and has pledged $600 million over five years. This money will go towards advancing employee, community and public policy that addresses the inequalities that the black community faces. CVS have also stated that they will use their power to “advocate for public policy that addresses the root causes of systemic inequalities and barriers, including efforts to address socioeconomic status, education, and access to health care”.
Zoom enters the healthcare market - a timeline
Since the pandemic began Zoom has become an integral part of daily life for people working from home, as well as a vital tool for families and friends to communicate. However it's also been eyeing up the healthcare space since 2017, and following the boom in telehealth the company has been rolling out additional services. Here we chart Zoom's move into healthcare.
2011 - 2013
Zoom is founded in San Jose, California, by Eric Yuan, formerly of Cisco. He got the idea to create a video calling platform from his visits to his girlfriend while he was a student, which would take 10 hours by train.
A beta version is released in 2012, which can host up to 15 participants. In 2013 this rises to 25. By mid-2013, Zoom has 1 million users.
2014 - 2017
Zoom attracts investors, including Sequoia Capital, Emergence and Horizon Ventures. By January 2017, Zoom has a series D funding worth $100 million.
2017 - 2019
Zoom for Telehealth launches, including an integration with EHR system Epic. It has cloud-based video, audio, and content sharing features, a "waiting room" for patients, and can easily be integrated into healthcare provider's workflows.
In 2019 Zoom goes public, with its IPO rising 72% in one day.
As a result of the pandemic, Zoom gains 2.2 million new users, more than in the whole of 2019. On the 23rd of March alone - the day the UK lockdown was announced - the platform was downloaded 2.13 million times around the world.
Share prices rise to around $150, and founder and chief executive Eric Yuan becomes one of the world's richest people, with an estimated net worth of $7.9 billion.
Early security issues are addressed by encrypting data with the Advanced Encryption Standard (AES). By now the the platform allows 99 people to be on a call simultaneously
New features launch, including Zoom Home and Zoom for Chats. Throughout the year the platform is used to replace most kinds of real life events: work meetings, online classrooms, church services and social events.
Renamed Zoom for Healthcare, users can share secured video, audio, and content through desktops, mobile phones, and conference devices. As well as Epic, it can be integrated with Strmr, IntakeQ, and Practice Better.
It can also be used with diagnostic cameras and other point-of-care devices, including digital stethoscopes.
In an interview with Korea Biomedical Review, Zoom Global Healthcare Lead Ron Emerson said: "Our service is not simply a virtual care and telemedicine platform but a multi-purpose platform that can satisfy the needs of healthcare institutions."
"It can be used for administrative tasks, including telemedicine, medical team meetings, recruitment, medical education, employee training, and disease prevention. Analysing electronic records managed by Zoom could provide meaningful insights into patient care."
Phoenix Children's Hospital, Belfast's Hospital Services Limited, Butler Health Services and the global Project ECHO are among Zoom for Healthcare's current customers.