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...
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...
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...
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...
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...
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...
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...
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...
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...
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...