1Konnection, a matchmaking platform to facilitate senior living and health care deals, has gained traction with a sizable user base and recently named a former Amazon Business employee to its leadership as the company prepares to expand its reach and offerings. “In the next few months — the next few quarters — we’re releasing a […]
Amazon
CVS Health (NYSE: CVS) is acquiring in-home health care company Signify Health (NYSE: SGFY) in an $8 billion deal that will help lay the groundwork for future senior living transformation. The deal is expected to close in the first half of next year, with CVS Health acquiring the company for a price valued at about […]
Retail and technology giant Amazon (NYSE: AMZN) is reportedly jettisoning its telehealth and in-home care platform. The company this week internally announced that it will shut down Amazon Care by the end of the year, according to a memo shared with The Washington Post, which is owned by Amazon Founder Jeff Bezos. The move comes […]
Last week, retail and technology giant Amazon (Nasdaq: AMZN) announced it is acquiring One Medical, a tech-enabled primary care provider, for $3.9 billion. When I saw the news of Amazon’s latest acquisition, I was surprised by the staggering dollar amount, which is more than six times One Medical’s 2021 net revenue of $623.3 million. On […]
Retail giant Amazon (NASDAQ: AMZN) is buying One Medical, a tech-enabled primary care provider, in a cash transaction valued at about $3.9 billion. With the acquisition, Seattle-based Amazon is gaining a platform for users to schedule appointments, renew prescriptions and access health records. As of March 31, One Medical had about 767,000 members and a […]
Technology and retail giant Amazon (Nasdaq: AMZN) is planning a new contest for developing new Alexa skills for the senior living industry. The company is putting forward more than $45,000 in prizes for developers who can build new Alexa skills with functions that can aid older adults and senior living communities. Kelly Wenzel, director of […]
Two senior living leaders have spoken of “self-disruption” in recent weeks. Bickford Senior Living Executive Vice President Alan Fairbanks used the term during his appearance on the SHN podcast, Transform. And HumanGood CEO John Cochrane gave an entire keynote presentation on the concept at the LeadingAge Illinois conference on May 17. Cochrane summed up the […]
As 2022 begins, headlines are unfortunately reminiscent of 2020, featuring news of Covid-19 case counts, global disruptions to business and transportation, and even whole cities going into lock down. But for the U.S. senior living industry, history will not repeat itself in 2022. That’s thanks largely to the number of residents vaccinated against Covid-19 and […]
Senior living providers will be able to more easily and effectively deploy and manage Amazon voice technology at scale through a new enterprise solution from the tech giant. The ability to fleet-manage Amazon’s voice technology is a “big breakthrough,” Atria Senior Living CEO John Moore told Senior Housing News. Atria is among the first providers […]
Best Buy (NYSE: BBY) has struck a deal to acquire Current Health, gaining further clout in how care and services are delivered to older adults in the United States. Richfield, Minnesota-based Best Buy announced the deal on Tuesday, but did not disclose the acquisition price. “Over the coming decade, significantly more health care can be […]
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