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Friday, July 22, 2022

Amazon Goes Healthcare

Natural next step?

Is Amazon on the verge of reinventing American healthcare?

Jul 22, 2022

Amazon.com yesterday said that it has reached a deal to acquire One Medical, a “technology-powered national primary care organization” that combines in-person, digital and telehealth services to care for patients.

The $3.9 billion all-cash deal, if approved by One Medical’s shareholders and federal regulators, makes clear that Amazon is serious about being a major disruptive force in the consumer healthcare market. One Medical CEO Amir Dan Rubin will remain in that position should Amazon take control.

“We think health care is high on the list of experiences that need reinvention,” said Neil Lindsay, SVP of Amazon Health Services. “Booking an appointment, waiting weeks or even months to be seen, taking time off work, driving to a clinic, finding a parking spot, waiting in the waiting room then the exam room for what is too often a rushed few minutes with a doctor, then making another trip to a pharmacy — we see lots of opportunity to both improve the quality of the experience and give people back valuable time in their days.”

Amazon has been inexorably pushing into healthcare going back to 2018 with its acquisition of Pillpack, an online pharmacy that delivers pre-sorted doses of prescribed medicines in envelopes to customers.

Two years later brought the launch of Amazon Pharmacy, which offers free unlimited two-day deliveries of prescriptions to Prime members and discounts on medications not covered by member’s insurance. ... ' 

by George Anderson in  Retailwire   .... '

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