Amazon's proposed $3.9 billion deal to acquire 1Life Healthcare, which operates One Medical's primary care clinics in 25 U.S. markets, is facing more scrutiny as the FTC has allegedly hired outside economists to review the deal, SeekingAlpha reported Feb. 3.
Disruptors
Fresh off a $100 million infusion from CVS, hybrid care company Carbon Health has begun rolling out a program that remotely monitors and provides virtual care to patients in Massachusetts.
Amazon reported a loss of $2.7 billion for 2022, its first unprofitable showing in nine years, according to financial results released Feb. 2.
Google parent company Alphabet's health insurance business grew nearly sixfold last year, tech news site The Verge reported.
Toby Cosgrove, MD, former resident and CEO of Cleveland Clinic, is joining the home-based care company Tomorrow Health as an advisory board member.
Alphabet's Verily has partnered with Tokyo-based pharmaceutical company Otsuka Pharmaceuticals on a trial for a new antidepressant.
Amazon CEO Andy Jassy said Jan. 4 the company plans to eliminate 18,000 jobs throughout the organization, some of which include employees spearheading its healthcare initiatives, CNBC reported Jan. 31.
Microsoft is partnering with Vietnam-based tech company VinBrain to develop artificial intelligence-based healthcare services.
Amazon has experimented with different projects in healthcare the past few years, but its current focus seems to be at the pharmacy counter — the digital one, at least.
Google has laid off 12,000 people, one of which includes its head of mental health and wellbeing.