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CVS Wants to Become the AI Front Door to Health Care

CVS Health is betting it can drive customer engagement with an AI assistant it developed with Google.

CVS Wants to Become the AI Front Door to Health Care

TL;DR

  • CVS Health has developed an AI assistant, Health100, in partnership with Google to enhance customer engagement.
  • The platform aims to help users schedule checkups, refill prescriptions, and understand insurance coverage.
  • Health100 is part of a larger digital overhaul by CVS, connecting its insurance, pharmacy, and provider services.
  • The tool leverages Google Cloud's AI and aims to provide a personalized, always-on health record with an agent to interpret data.
  • While initially for CVS customers, the platform could potentially serve as a gateway for other pharmacies, providers, or insurers.
  • CVS faces competition from other tech companies and health providers also developing AI health tools, and must overcome consumer trust issues regarding data privacy.
  • The company is relying on its existing large customer base and multiple touchpoints in patient care as a competitive advantage.