Dive Brief:
- One Medical chief executive Amir Dan Rubin is departing Amazon roughly a year after the e-commerce giant purchased the primary care provider.
- Dan Rubin has served as CEO of One Medical for more than six years, growing the medical group to more than two dozen cities before shepherding it through the $3.9 billion sale to Amazon. He has decided to leave the medical group later this year, according to an email sent to One Medical employees on Thursday obtained by Healthcare Dive.
- Current One Medical chief operating officer Trent Green will replace Dan Rubin as CEO. An Amazon spokesperson said Dan Rubin is departing because he feels One Medical and its leadership team are “well positioned to carry on with its mission.”
Dive Insight:
Amazon purchased One Medical in July 2022, adding a network of primary care clinics to the tech giant’s growing suite of healthcare capabilities. The deal was scrutinized by regulators but antitrust agencies ultimately decided not to challenge it, despite concerns over patient data privacy.
One Medical was founded in 2007 as a concierge medical network before going public in 2020 and purchasing Iora Health, a value-based provider for seniors, in 2021. By the end of 2022, a majority of One Medical’s revenue came from capitated contracts. The company currently operates more than 200 clinics and a telehealth service in a membership model.
Since integrating One Medical, Amazon has entered into more partnerships with hospitals, and offered discounted One Medical memberships to Prime members.
Dan Rubin joined the company in 2017, after working in various leadership roles within UnitedHealth’s health services division Optum.
His replacement, Trent Green, has been with One Medical since July 2022, according to Green’s LinkedIn. Before joining One Medical, Green was chief operating officer of Oregon-based hospital system Legacy Health.
Amazon has big ambitions in healthcare, but not all of its bets have panned out. Amazon shuttered Amazon Care, a hybrid care model for employers, last year following weak uptake. Another joint venture with Berkshire Hathaway and J.P. Morgan Chase to bring down healthcare costs for employers fizzled out in 2021.
Amazon has had more success with healthcare ventures banking on its bread-and-butter — connecting consumers with goods and services online.
Late last year, Amazon launched virtual care marketplace Amazon Clinic, which connects consumers with telehealth companies for low-acuity care. The platform was available nationwide by August.
And since acquiring pharmacy startup PillPack in 2018, Amazon has built up its own Amazon Pharmacy, which it bills as an affordable way for consumers to get medications online and delivered to their home. Recently, Amazon Pharmacy added a generic drug savings program and a growing suite of manufacturer coupons to the site.
PillPack co-founders TJ Parker and Elliot Cohen also departed Amazon last year.
