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Amazon launches virtual health service with Amazon Clinic
By  Jessica Hagen 12:15 pm November 15, 2022
Amazon announced the launch of Amazon Clinic, a virtual healthcare service that will deliver care for 20 common conditions, including hair loss, heartburn, acne, dandruff and seasonal allergies. The virtual consultation service will allow customers to select their condition from a list provided, then choose a preferred provider from a list of third-party licensed clinicians, including ones from...
A sign outside Amazon headquarters.
FTC reviewing Amazon's $3.9B One Medical acquisition
By  Emily Olsen 11:29 am September 6, 2022
The Federal Trade Commission is investigating Amazon's $3.9 billion acquisition of primary care provider One Medical. According to a filing with the Securities and Exchange Commission, One Medical parent 1Life Healthcare and Amazon both received requests from the FTC for more information regarding the deal on Sept. 2. The planned acquisition was first announced in late July. In the filing, 1Life...
A sign outside Amazon headquarters
Amazon to acquire primary care company One Medical for $3.9B
By  Emily Olsen 10:47 am July 21, 2022
Amazon has signed a definitive agreement to acquire hybrid primary care provider One Medical in an all-cash deal worth approximately $3.9 billion.  One Medical is a membership-based primary care organization that offers virtual care as well in-person visits. The companies said the deal's close is subject to regulatory approval and clearance by One Medical shareholders. CEO Amir Dan Rubin is...
A close-up of a group of workers looking at a paper with financial charts
Insulet revenue growth beats expectations, Talkspace posts net loss during B2B shift and more digital health earnings
By  Emily Olsen 12:48 pm May 6, 2022
Insulin pump-maker Insulet reported net income of $27.8 million during the first quarter this year, months after it received FDA 510(k) clearance for its Omnipod 5 automated insulin delivery system. The company also posted $295.4 million in revenue during Q1, compared with $252.3 million in the prior year, beating expectations. Insulet is currently building a limited launch of the Omnipod 5 and...
Primary care panel
Primary care's digital metamorphosis
By  Laura Lovett 02:12 pm March 15, 2022
ORLANDO, Fla. – As patients move into the consumer role, they are demanding more from their care. This is true across specialties, including primary care. The space has seen an uptick in digital modalities in recent years, according to panelists at HIMSS22's Accelerate Health event.  "Every consumer at some point will be a patient. Every patient is already a consumer. ... A consumer is searching...
stock market
GoodRx, Bright Health, Dexcom report YoY revenue growth and more Q3 digital health earnings calls
By  MobiHealthNews 02:27 pm November 12, 2021
Rapid-diagnostics company Cue Health earned $223.7 million in revenue for the third quarter of 2021, compared with $137.4 million for the prior quarter and $4.7 million for the prior year. The company went public in late September, raising $213.9 million in proceeds after underwriting fees. Net income dipped slightly to $19.3 million compared with $19.8 million in the second quarter, and earnings...
An older woman talking a doctor via telehealth
One Medical looks to the chronic care space with launch of new product
By  Emily Olsen 12:12 pm October 19, 2021
One Medical, a membership-based primary care company, is stepping further into the digital chronic care space with the launch of its own product, Impact by One Medical. The hybrid care provider’s platform includes 24/7 virtual support and integration with remote monitoring tools like Fitbit or Apple HealthKit. Patients also have access to a multidisciplinary care team that includes their primary...
One Medical logo on wall in office room
One Medical closes acquisition of senior-focused Iora Health
By  Laura Lovett 12:09 pm September 1, 2021
Looking at the senior care space, One Medical, a hybrid primary care provider, has finally completed its purchase of tech-backed Medicare provider Iora Health for approximately $1.4 billion. This comes roughly three months after the companies made the deal public.  As part of the terms, Iora Health shareholders will get roughly 56 million shares of One Medical common stock. This shakes out to One...
Telemedicine visit
One Medical picks up Medicare-focused provider Iora Health in $2.1B M&A
By  Laura Lovett 10:55 am June 7, 2021
Looking to the Medicare space, hybrid primary care company One Medical has announced its plans to acquire Medicare-focused provider Iora Health for $2.1 billion. Like One Medical, Iora Health offers brick-and-mortar clinician offices as well as digital tools. Geared at the 65-and-older population, Iora assigns each member a provider, nurse and health coach. Both patients and their families can be...
Media reports indicate that One Medical has allowed people connected with company executives and other ineligible individuals to skip the vaccination line.
House panel launches investigation into One Medical’s vaccination practices
By  Mallory Hackett 11:32 am March 3, 2021
The pressure is rising for the tech-powered primary care platform One Medical as Congress has launched an investigation into its COVID-19 vaccination practices, NPR reported Tuesday. The publication tracked down a letter sent by the House Select Subcommittee on the Coronavirus Crisis to One Medical late Monday night that raises its concerns and demands documentation of the company’s vaccination...
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