Amazon Makes a Big Change in its Healthcare Strategy

Amazon (AMZN) has been trying for years to find the right approach to disrupt the healthcare sector.

Now it is changing course by dropping a key initiative to focus on others in the works.

The surprising announcement came this week when the company said it plans to close its telehealth company, Amazon Care.

The internet giant said on August 24 that it will close the telehealth business by the end of 2022.

What is Amazon Care?

While this came as a surprise, in July, just a few weeks ago, Amazon acquired One Medical, a primary care company.


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