Amazon Continues It’s Expansion Into HealthCare

A doctor holding a stethoscope with his hand

Amazon.com is buying an operator of primary-care clinics called 1Life Healthcare Inc. in a $3.9 billion deal.  It operates an array of primary-care practices under the name One Medical.  This is the first major acquisition during the tenure of CEO Andy Jassy, who has stated a key objective of the company is to expand more into health care.  Once the deal closes, Amazon will operate 180 medical offices in 25 U.S. markets and work with more than 8,000 companies to provide employees with both in-person and virtual care.

Amazon Targeting Seniors And Their Caregivers With New Service

An old couple sitting together and watching laptop

Amazon.com has launched a new service including an urgent response option giving users access to a 24/7 emergency hotline, supporting fall detection response in partnership with 3rd party services.  It requires an Alexa-supported device such as an Amazon Echo speaker or the Echo Show and costs $19.99/month or $199/year after a free six-month trial.

Haven Wanted To Develop Innovative Healthcare Solutions, Is Now Shutting Down

Haven, the company backed by Amazon.com, Berkshire Hathaway and JPMorgan Chase surprisingly started informing employees today that it will shut down by the end of next month.  Many of the company’s 57 workers will be offered new jobs at one of the three founders of the non-profit.  The problem, insiders say, is that rather than working together, the three companies developed their own products on their own.

https://www.cnbc.com/2021/01/04/haven-the-amazon-berkshire-jpmorgan-venture-to-disrupt-healthcare-is-disbanding-after-3-years.html