CNBC August 28, 2022
Eric Rosenbaum

Key Points

– When Amazon announced plans to acquire One Medical earlier in the summer, it seemed likely that something had to give: either the One Medical brand or Amazon Care.

– Amazon decided to shut down what had been a high-profile health startup inside its own operations, whereas its retail drug acquisition PillPack was folded into Amazon Pharmacy.

– One Medical was the better, more advanced primary care business, and with reports of Amazon now bidding on Signify Health, the internet retail giant seems to be more in a buy than build mood in health care.

Chalk up another failure in health care for Amazon, one of the ultimate market disruptors.

First, its much-hyped effort with JPMorgan and Berkshire...

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Topics: Digital Health, Health IT, Mergers & Acquisitions / JV, Post-Acute Care, Primary care, Provider, Technology, Telehealth, Trends
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