A brand new digital well being care market, launched final week, has a great quantity of Amazon in its DNA. Common Medication, with $32 million in funding, got here out of stealth with three former Amazon staff as co-founders and buyers, a enterprise mannequin that might compete with Amazon’s One Medical — and behind the scenes, a present senior Amazon government.
The previous staff, together with the founders of PillPack — the pharmacy firm that Amazon purchased in 2018 for about $750 million and grew into Amazon Pharmacy — invoice Common Medication as a “one-stop store for knowledgeable care” that connects sufferers to its personal telehealth medical practices and to exterior care. Sunita Mishra, Amazon Well being Providers’ chief medical officer, is the doctor proprietor of a type of practices and suggested the corporate early on, Common Medication and Mishra confirmed.
Like most telehealth corporations, Common Medication works with separate medical practices that have to be owned by a licensed doctor. Mishra, who has been at Amazon since 2020 after serving as an government at Windfall St. Joseph Well being, maintains licenses in additional than 20 states. Common Medication mentioned it had began the method of transferring possession of all its medical practices to its different doctor proprietor, Pallabi Sanyal-Dey, earlier than the corporate launched.
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