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Are we primed for Amazon’s primary care?
Amazon’s $3.9 billion purchase of One Medical is the beginning of a new primary care experiment in the United States. But the announcement of the deal is just the first step in a long and uncertain process. One Medical isn’t profitable and gets a large chunk of its revenue from its partnerships with major hospitals, suggesting that individual subscriber revenue isn’t enough to sustain its care delivery operations. “Are they a business or not?” asked Jeff Goldsmith, president of the consultancy Health Futures. One Medical didn’t answer that question. And now they don’t have to. Amazon does.”
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