PillPack
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Amazon-owned PillPack will pay nearly $6 million over DOJ's insulin suit
PillPack, an online pharmacy owned by Amazon, will pay $5.79 million to the U.S. government and states to settle a fraud suit related to its insulin distribution practices.
Amazon acquires another healthcare start-up for its Amazon Care program
Amazon is expanding its push into the healthcare industry. After purchasing online pharmacy PillPack last year, the company has now acquired Health Navigator, a start-up that provides online symptom checking and triage tools to help companies direct patients to the right facilities.
Amazon Care is a new app-based health service for its employees
Amazon has unveiled Amazon Care, a new health service that offers employees virtual consultations with in-home follow-ups. According to the website, the services include an "in-app video visit with a doctor, nurse practioner or registered nurse... for advice, answers, diagnosis, treatment or referrals." Amazon Care can also send a nurse to visit the patient if any follow-up is required.
Amazon puts former Kindle leader in charge of its pharmacy business
Amazon's entry into the pharmacy business might not have the leader you'd expect. CNBC has learned that the online retailer has picked Nader Kabbani, an executive who helped establish the Kindle self-publishing system and has worked in Flex and logistics, to head the pharmacy team. While he has supply chain and delivery experience, he's new to health care and pharmaceuticals -- an unusual choice given the frequent challenges involved in haggling drug prices and ensuring distribution.
Amazon buys an online pharmacy to beef up its healthcare offering
Today, Amazon announced it is purchasing the online pharmacy PillPack. Pricing and the terms of the deal weren't disclosed in the release, but it does say that both companies expect that the deal will close sometime in the the second half of this year.
