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 story : Amazon launches virtual care business, providing prescriptions for allergies, hair loss, and other common conditions #FinanceUSA #StockMarketNEWS Amazon.com Inc. on Tuesday announced the launch of

@stockMarketNEWS Wed 16 Nov, 2022

Posted in: #FinanceUSA #StockMarketNEWS

Amazon launches virtual care business, providing prescriptions for allergies, hair loss, and other common conditions #FinanceUSA #StockMarketNEWS
Amazon.com Inc. on Tuesday announced the launch of Amazon Clinic, which provides message-based virtual care to get treatments for common medical conditions like allergies, hair loss, and urinary tract infections in 32 states. It will also offer birth control and refills on hypertension drugs, in addition to other prescriptions. It's the latest Amazon venture into the U.S. healthcare system following the acquisitions of PillPack (now called Amazon Pharmacy) in 2018 and direct primary-care provider One Medical earlier this year. The company described the new offering as a "healthcare store." Amazon said Amazon Clinic does not accept health insurance but patients may be able to use their prescription drug benefits to fill prescriptions. Amazon's stock has declined 39.8% this year, while the broader S&P 500 is down 16.9%.


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