Amazon's New Telehealth Plans Shake Up Market, Impact Hims & Hers Stock
TL;DR Summary
Amazon One Medical is expanding its telehealth services by offering low-cost treatment plans and medication delivery for issues like hair loss, skin care, and erectile dysfunction, directly competing with companies like Hims & Hers. Prime members can access these services with transparent pricing and no additional fees beyond their subscription. This move is part of Amazon's broader strategy to enhance its healthcare offerings, following its acquisition of One Medical and the expansion of Amazon Pharmacy's services.
- Amazon’s telehealth platform adds low-cost plans for hair loss, skin care, and more TechCrunch
- Amazon launches fixed pricing for treatment of conditions such as hair loss. Hims & Hers stock drops 15% CNBC
- Amazon introduces low upfront pricing for a telehealth visit with treatment plan and fast, free medication delivery for men’s hair loss, eyelash growth, anti-aging, ED, and motion sickness for Prime members About Amazon
- Amazon's push into telehealth knocks shares of Hims & Hers Reuters
- Hims & Hers Health Stock Is Tumbling Thursday: What's Going On? Benzinga
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