Becker's Healthcare July 30, 2024
Giles Bruce

Could Amazon be headed for big losses for its healthcare businesses?

A spokesperson for the tech giant told Becker’s that Amazon Health Services is making “strong progress” to “drive growth, to build a sustainable cost structure, and most importantly, make quality healthcare better, easier, more accessible, and more transparent for patients.”

The spokesperson was responding to leaked draft documents from December, first reported July 30 by Business Insider, that the company’s healthcare businesses were set to lose more than $1 billion in 2024 after losing nearly $1.3 billion in 2023.

“These figures are incorrect, and do not accurately reflect the financial performance of Amazon Health Services,” the spokesperson said. “The 2023 figures are based...

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