Practice Management
Cleveland Clinic has created a partnership with Amazon’s One Medical to bring new primary care clinics to northeast Ohio. The first clinic will open in 2025 with plans for future expansion, according to a press release. One Medical has membership-based services with a targeted focus on employer groups, now covering employee populations for about 10,000 employers. It provides same-day appointments and virtual care to members with a $199 annual fee (or $99 for Amazon Prime …
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Three gigantic—and extremely wealthy—corporations are joining forces to try to lower what their leadership considers to be exorbitant healthcare costs. Amazon, Berkshire Hathaway, and JPMorgan Chase say they’re forming an “independent healthcare company” specifically for their employees—more than a million people, though not all are in the U.S. The new entity will focus on technological solutions to lower costs, simplify coverage, and increase transparency in employee healthcare. Berkshire Hathaway’s Warren Buffet says the triumvirate “does …
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All the recent talk about Amazon’s plans to become a wholesale pharmacy distributor seems to have been exactly that—just talk—as industry analysts have learned the online retailer has no intentions (currently) to start storing and shipping medications. Rather, they expect the company to use the pharmacy licenses it obtained in 12 states recently for medical devices and supplies. The investment firm Jefferies learned that Amazon went so far as to tell officials in Tennessee and …
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Though they’ll need to acquire additional licensure before they can start shipping prescription drugs to customers, Amazon has been licensed as a wholesale pharmacy distributor in 12 states. Regulators in Alabama, Arizona, Connecticut, Idaho, Louisiana, Michigan, New Hampshire, New Jersey, Nevada, North Dakota, Oregon, and Tennessee have all given their blessing. Obviously, this has raised conjecture that the virtual retail giant has big plans to make a name for itself in healthcare delivery. Analysts say …
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