Health care represents a $3.5 trillion sector for Amazon, which is looking at ways to bring in technology ranging from cloud computing to medical record technology. Amazon Care provides a way for Amazon to test some of its ideas before commercializing them.
The clinic offers a combination of telemedicine and in-person services.
The company appears to have contracted with a provider called Oasis Medical, which could help ensure that Amazon will not have knowledge of employees' health conditions. Oasis is a separate legal subsidiary from Amazon, the parent company. to explore how to move the needle on health care expenses, without compromising quality, for their combined 1.2 million employees. It has a pharmacy group under PillPack, a company it acquired in mid-2018, and a research and development group sometimes referred to as Grand Challenge or 1492. CNBC reported earlier this week that the company is working on
a $130 billion market opportunity if the company expands its clinic beyond a pilot for its own employees.to test new health care products in an internal research and development lab. Some experts have suggested that it's also a way to control health care costs, as well as to open up new market opportunities in areas like population health management and health technology. Amazon has experimented with new products on its employees first, before it broadens them out the general population.
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