A medical clinic location is depicted on 16 February 2024 in Emeryvile, California.
Loren Elliot | Washington Post | Getty images
For better part of a decade, Heroic Through the acquisition of billions of dollars, large-nams of higher and high-profile participation, the US is trying to make its way in the health care market. This has been a slogan at times, and the company’s long -term strategy has not always been clear.
Following a series of executive departure, Amazon is now restructuring its health business, telling CNBC that Amazon health services will be divided into six new units with the goal of creating a simple structure.
As part of the attempt, the company has exploited many Amazon leaders for a long time and raised some medical authorities to oversee the divisions. Neil Lindsay, senior vice president of Amazon Health Services, told CNBC in an interview that the company has been working on overhaul for the past several months.
Lindsay said in a video chat, “Our leadership team has been focused on simplifying our structure to move forward rapidly and effectively innovate.” “One of the problems we are trying to solve is a fragmented experience for patients and customers that are common in healthcare.”
Amazon said that it has not sorted extensively as part of changes.
Many senior health leaders were reorganized in recent months. Dr. Win GuptaThose who attended 2020 and served as the Chief Medical Officer of Amazon Pharmacy, left in February, followed by this Trent GreenThe last day of which was Amazon’s primary care series in April as CEO of One Medical.
Amazon Vice President of Health Care, Aaron Martin last month announced that he plans to leave his role. Amazon Chief Medical Officer Dr. Sunita Mishra also used to leave in May.
The departure of Mishra and Martin has not been reported earlier, nor has been responded to the recommendation requests. Amazon does not plan to naming a new CEO of a medical after Green’s departure.
Martin, who lives in Nashville, Tenasi, told the employees in a memorandum that he would be in Amazon for a while to help with infection.
Martin wrote in the memo, “Then I am planning to take some time out of this heat and walk with my wife and my children, finally I get a cover band in Nashville, and then do something new.”
Ambitious attempt
Amazon has been on a mission to crack the US health care industry over the years, which is notorious and disabled.
While it served the provider and other people in health care for a long time with its cloud-based technology, the first major splash of Amazon came directly in the market in 2018 with the acquisition of online pharmacy. Pilpack For about $ 750 million. Two years later, it started its offer Amazon Pharmacy,
The company then bought a medical $ 3.9 billion In 2023, among its biggest acquisitions, Amazon offers a series of brick-and-mortar primary care clinics and a strong membership base.
There are some major failures. Company Close your telehland serviceAmazon Care, in 2022. Came a year later Disintegrated shelterJoint Health Care enterprise between Amazon, Berkshire Hathaway And JPMorgan ChaseHeaven’s announcement in 2018 sent shockwaves through the medical world, which fears shares of health care companies how to reduce the costs out of the joint muscle system of leaders in technology and finance.
In areas where Amazon continues to operate, the competition is terrible and, in terms of primary care, the margin is very thin.
Pilpack founders TJ Parker and Elliot Cohen, who Left Amazon In 2022, Recently launched A new health care market called General Medicine that will compete with Amazon. Mishra confirmed State news That he advised the newborn startup. Amazon refused to comment on whether Mishra’s participation with General Medicine was related to his departure.
Lindsay recently described Amazon’s departure as part of the natural development of the health business. He said that there is “there is no lack of depth of talent” within his organization.
“We are a rapidly developed outfit because the opportunity is so big,” Lindsay said.
Under its new structure, Amazon Health Services will be concentrated around six groups, or the company says “column”.
- Dr. A medical clinical care delivery led by Andrew Diamond
- A medical clinical operation and performance, led by Suzanne Hansen
- AHS Strategic Development and Network Development, led by John Singuling
- AHS Store, Tech and Marketing led by Prakash Bulsu,
- AHS compliance, led by Kim Ote
- AHS Pharmacy Services, led by John Love
Amazon refused to share financial figures for his health business, but Lindsay said he was watching “very strong growth” during the offerings.
A medical became public in 2020, and was still losing money when it was purchased by Amazon. In its last quarter as a standalone unit, this is in the end of 2022, Informed A net loss of $ 101.1 million on revenue of $ 272.4 million.
Since joining Amazon, a medical has been working to open new offices in states including New Jersey, New York and Ohio.
Amazon said in January 2024 that its pharmacy business had doubled the number of customers served in the previous year, although it did not share specific data. The company is opening pharmacies 20 new cities This year, and about 45% of American customers will be eligible for the same day’s drug distribution.
“If we can make one thing a little easier for a lot of people, we will save them a lot of time, a lot of money and some life,” Lindsay said. “And if we pile up these changes over time, it will look like a reinforcement.”
Watch: Amazon Pharmacy VP: Trying to make it easier for patients to get medicine
