MedCity News May 11, 2021
Amazon may be a big fish, but its first customer for its new telehealth business is a bit smaller. Notably, Amazon is moving away from the usual per-member per-month payment structure that many telehealth companies still use.
If you were expecting Amazon to announce another Fortune 500 company as a customer for its new telehealth business, keep waiting.
Its first deal is decidedly smaller. Amazon will offer its telehealth service to roughly half of fitness equipment manufacturer Precor’s staff, an 800-person company that was acquired by Peloton last year, according to Insider.
The way the deal is structured, however, is more interesting. Instead of the usual per-member per-month fee charged by most telehealth companies, Amazon is reportedly charging companies...