Becker's Healthcare August 2, 2024
Amazon reported $148 billion in revenue for the second quarter of 2024 ended June 30, up 10% from $134.4 billion during the same period last year, according to its Aug. 1 financial report.
News of the tech giant’s strong second quarter comes after leaked draft documents from December revealed that Amazon’s healthcare businesses were set to lose more than $1 billion this year after a nearly $1.3 billion loss in 2023.
On July 30, an Amazon spokesperson told Becker’s that Amazon Health Services is seeing “strong progress” to “drive growth, build a sustainable cost structure, and most importantly, make quality healthcare better, easier, more accessible, and more transparent for patients.”
Here are four findings from the report:
1....
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