Amazon Reports Earnings and Makes its First Health Related Purchase Since PillPack

Wall Street learned this week that e-commerce giant Amazon has acquired start-up company Health Navigator.

It’s the first health-related purchase for Amazon since it bought PillPack for $750 million over a year ago.
The company confirmed to CNBC that it had acquired the telemedicine start-up founded by emergency medicine doctor David Thompson. The company provides online symptom checking and triage tools to companies that are looking to route patients to the right place.

Amazon will be offering Health Navigator to employees as part of its Amazon Care clinics which are piloted to employees.

Amazon said that Health Navigator will join the company’s Amazon Care group, which launched in September. Amazon Care will include telemedicine, online chat with a nurse, medication delivery and app-enabled house calls to the employee’s office or home.

“The service eliminates travel and wait time, connecting employees and their family members to a physician or nurse practitioner through live chat or video, with the option for in-person follow up services from a registered nurse ranging from immunizations to instant strep throat detection,” an Amazon spokesperson told CNBC in an email.

Amazon also reported third quarter earnings on Thursday that missed on profit but exceeded Wall Street’s revenue expectations. Revenue for the third quarter was $70 billion vs. $68.7 billion expected. GAAP earnings per share were $4.23 vs. $4.58 expected. Amazon Web Services were $9 billion vs. $9.19 billion expected

Disclaimer: We have no position in Amazon.com, Inc. (NASDAQ: AMZN) and have not been compensated for this article.