Category: Disruptors

From completing its $3.9 billion acquisition of One Medical to delaying the rollout of its virtual care service after two lawmakers questioned its HIPAA privacy practices, here are nine of Amazon’s biggest healthcare moves in 2023:

PillPack by Amazon Pharmacy will pay $300,000 to resolve allegations it failed to keep track of medications in violation of the Controlled Substances Act, the U.S. Department of Justice said.

It’s been about one year since Amazon announced plans to acquire primary care provider One Medical in a $3.9 billion deal completed in February.

As payers, retailers and Big Tech companies gobble up medical practices, private equity is the type of entity most likely to buy a physician office, the American Hospital Association found.

Big Tech and retail healthcare disruptors have had a busy start to 2023, buying up primary care companies and entering into big collaborations with health systems.

The healthcare industry is like a “music store in the ’90s” with the ultimate goal of becoming as consumer-friendly as Spotify, the tech chief of CVS Health’ Signify Health told TechNewsWorld.

Walgreens Boots Alliance reported a profit of $118 million for the latest quarter; a year earlier, the healthcare disruptor recorded a profit of $289 million. 

Amazon’s One Medical has been increasingly inking and expanding partnerships across the U.S. with some of the largest hospitals and health systems. 

Amazon has delayed the rollout of its virtual care service after lawmakers expressed concerns about its privacy practices, Politico reported.