Amazon reorganizes your health business after executive trips

On February 16, 2024, in Emeryville, California, in Emeryville, California.

Lauren Elliott | The Washington Post | Gets the image

For most of the decade, Amazon Trying to make its way to the US health market, thanks to the acquisitions of billions of dollars, big names and high -profile partnerships. Sometimes it was a slogan, and the company’s long -term strategy was not always understood.

After a number of Amazon executive trips, it now rebuilt its medical business, reporting CNBC that Amazon Health Services will be divided into six new units in order to create a simpler structure.

As part of the effort, the company has started a number of long -standing Amazon leaders and raised one medical supervisor to watch the units. Neil Lindsay, Senior Vice President of Amazon Health Services, told CNBC in an interview that the company has been working on major overhaul over the last few months.

“Our leadership team was focused on simplifying our structure to move and continue to innovately,” Lindsay said in the video. “One of the problems we are trying to solve is the fragmented experience for patients and customers who are common in healthcare.”

Amazon said he had not carried out broad dismissal as part of the changes.

Reorganization comes after Amazon has lost several senior health leaders in recent months. Dr. Win Huptowho joined the 2020 and held the post of chief physician of the Amazon pharmacy left in February Trent -greenOn the last day, Amazon CEO was in April.

Aaron Martin, Vice -President of Amazon Health President, has announced that he plans to leave his role. Dr. Sunnita Mishra, the chief physician of Amazon, also departed in May.

The departures of Mishri and Martin were not previously reported and did not respond to comment requests. Amazon does not plan to name the new One Medical CEO after leaving Green.

Martin, who lives in Nashville, Tennessee, told staff that he would remain in Amazon “for a while” to help in the transition.

“Then I plan to take some time for rest this summer and visit my wife and my children, finally get the cover group that goes to Nashville, and then maybe do something new,” Martin wrote in a memory that shared with CNBC.

Ambitious effort

Amazon has been engaged in the Missing Multimillion dollars for many years, which is known to be difficult and ineffective.

While it has long served suppliers and others in the health field with the help of cloud technology, the first big splash of Amazon came directly to the market in 2018 with the acquisition of online pharmacy Tablet for about $ 750 million. Two years later she launched her own proposal called Pharmacy Amazon.

Then the company bought one medicine for 3.9 billion dollars In 2023, among its largest acquisitions ever, giving Amazon access to a chain of brick and construction clinics and a reliable membership base.

There were some basic failures. Campaign shut up at the Tealehealth serviceAmazon Care, in 2022. It happened a year after it a dissolved shelterJoint Health Center between Amazon, Berkshire Hethai and Jpmorgan chase. Haven’s announcement in 2018 sent strike waves through the medical world, squeezing the stock of healthcare companies to fear how the united muscles in technology and finance can deprive the system.

AWS CEO: A lot of opportunity to expand the worldwide infrastructure

In areas where Amazon continues to work, the competition is hard, and, in case of primary care, the margins are very small.

Founders Pillpack TJ Parker and Elliot Cohen which Left Amazon In 2022, Recently launched A new healthcare market called General Medicine to compete with Amazon. Mishra confirmed Statistical news that she advised to be charged with a startup. Amazon declined to comment whether Michari was involved with her general medicine with her departure.

Lindsay characterized recent departures as part of Amazon’s natural health evolution. He added that his organization had no lack of talent depth.

“We are developing the organization rapidly because this opportunity is so great,” Lindsay said.

According to the new structure, Amazon Health Services will focus on six groups, or what the company calls “pillars”.

  • One medical clinical assistance led by Dr. Andrew Diamond
  • One medical clinical operations and results led by Susana Hansen
  • AHS Strategic Growth and Development Network led by John Singling
  • Shop AHS, Technology and Marketing led by Prakash Bulus
  • Matching AHS led by whom ot
  • Pharmacy Services AHS led by John Law

Amazon refused to share financial figures for her medical business, but Lindsay said she sees “very strong growth” in different sentences.

One of the medical facilities was published in 2020 and he was still losing money when he bought Amazon. At the end of 2022 in the last quarter as an independent subject, this report A net loss of $ 101.1 million from $ 272.4 million.

Since joining Amazon, One Medical has been working to open new offices in the States, including New Jersey, New York and Ohio.

In January 2024, Amazon stated that his pharmacy business “doubled the number of customers” he served last year, although he did not share specific figures. The company opens pharmacies to 20 new cities This year and about 45% of US customers will be eligible for one -day delivery.

“If for many people we can do one thing, we will save a lot of time, a lot of money and some lives,” Lindsay said. “And if we make these changes over time, it will feel like a reinvent.”

See: Amazon Pharmacy VP: Trying to facilitate patients get medication

Amazon Pharmacy VP: Trying to facilitate patients get medication

Source link