An Amazon company logo marks the facade of a building in Schoenefeld near Berlin, March 18, 2022. (AP Photo/Michael Sohn, File)
Amazon is taking another shot at becoming a regular health care source for customers with the launch of a service centered on virtual care.
The e-commerce giant says its Prime customers can now get quick access to a health care provider through a program that costs $9 a month or $99 annually.
The company has made a number of attempts to incorporate healthcare into its platform and has started building momentum after some initial setbacks.
The company announced in August that it was adding video telemedicine visits in all 50 states to a virtual clinic it launched last year.
Yet Amazon shut down a virtual health care service last year that it spent years developing, and it was part of a high-profile but failed push to address health care costs in a partnership with two other major companies, Berkshire Hathaway and JPMorgan.
Through the new service, patients will be able to connect virtually around the clock with care providers through its Prime One Medical membership program. The service includes video chats and an option to make in-person visits if there are One Medical locations near by.
The company said Wednesday that its membership fee covers the cost for the virtual visits. But customers would have to pay for any visits they make to the company’s One Medical primary care offices. They can use insurance for that.
Virtual care grew popular during the COVID-19 pandemic, and many health care providers have since expanded their telemedicine offerings. It has remained popular as a convenient way to check in with a doctor or deal with relatively minor health issues like pink eye.
While virtual visits can improve access to help, some doctors worry that they also lead to care fragmentation and can make it harder to track a patient’s overall health. That could happen if a patient has a regular doctor who doesn’t learn about the virtual visit from another provider.
Updated November 9, 2023 at 4:46 p.m. ET to add missing word in the seventh paragraph and correct "last summer" to "last year" in sixth paragraph.
Michael Boyd, CEO of aviation consultancy Boyd Group International, joined Cheddar to discuss recent mass flight cancellations by airlines like American and Southwest. Boyd noted that the usually efficient hub and spoke system left American Airlines vulnerable to the weather event in Dallas-Fort Worth and staffing shortages. He also said that while planning trips in the current climate can be unnerving, problems like weather delays are just part of the flying experience.
Christian Kroll, CEO of Ecosia, joins 'Fast Forward' to discuss how Ecosia uses its ad revenue to plant trees, and what the company plans to do after launching a $405 million venture capital fund focused on combating the climate crisis.
Guy Hirsch, USA managing director and head of NFT at eToro, joined Cheddar to discuss the evolution of bitcoin into the mainstream 13 years after the white paper from the presumed pseudonym Satoshi Nakamoto was published. Hirsch said there were several groundbreaking moments for the cryptocurrency, starting with the financial crisis of 2008, noting that people began seeking a solution to protect wealth, and bitcoin "gave people the confidence that it is an immutable ledger that no one can really hack or interfere with."
Visa CFO Vasant Prabhu, joined Cheddar's "Closing Bell" to talk about the financial service company's prediction that a full economic recovery from the pandemic won't happen until summer 2023 based on travel-related sources. Prabhu noted that a big question mark for the recovery is when Asia reopens for travel but "anything's possible" and the recovery could still end up going faster than anticipated.
Clinical research company Medable has secured $304 million in Series D funding, marking its fourth round since 2020, giving the firm a valuation of just over $2 billion. Dr. Michelle Longmire, CEO and Co-founder, Medable joined Cheddar's Opening Bell to discuss the future of the company.
House Democrats are scrambling to hold a vote as soon as Tuesday on President Joe Biden's economic agenda — both the $1 trillion bipartisan infrastructure bill and the $1.85 trillion social safety net and climate bill. With Biden still overseas, the bill stands in flux. Jennifer Haberkorn, congressional reporter at the Los Angeles Times, joined Cheddar's "Opening Bell" to discuss.
Sportradar, a global sports data company, announced it will serve as UEFA’s exclusive authorized collector and distributor of data for betting purposes. The agreement covers 1,550 matches from the 2021-2022 season through to the end of the 2023-2024 season across all UEFA properties in Europe. Sportradar CEO Carsten Koerl joined Cheddar to provide additional details on the landmark partnership and some insight into the future of sports betting.