Daniel from Improve Press
Worker-focused care navigation and pharmacy advantages platform Rightway is partnering with hybrid major care supplier One Medical to develop entry to major care for workers.
Rightway gives an enterprise healthcare platform that helps workers perceive and make the most of the well being advantages out there to them. Customers can see each prices and care choices out there of their plan. The corporate additionally acts as a pharmacy advantages supervisor. Companies embrace actual employees that may assist customers perceive their advantages.
One Medical is a membership-based major care group that Amazon acquired earlier this yr. It gives digital care and in-person visits alongside supplier messaging and prescription help.
One Medical will be part of RightwayHub, the corporate’s ecosystem partnership program, as an built-in accomplice. RightwayHub is a centralized care navigation platform that enables workers to entry Rightway companions’ digital well being options in a single place.
Rightway’s members will be capable to entry One Medical’s major care providers by way of the care navigation platform, and One Medical will obtain centralized reporting and simplified contracting.
“Healthcare is sophisticated and expensive, and we’re in a novel place to deal with that for our prospects like by no means earlier than,” David Kabaker, vp of channel partnerships at One Medical, mentioned in a press release. “By combining One Medical’s major care resolution and Rightway’s care navigation resolution, purchasers will see elevated utilization of One Medical’s providers, confirmed to drive down the entire value of care and ship improved well being outcomes.”
THE LARGER TREND
In July final yr, Amazon introduced it signed a definitive settlement to buy One Medical for $3.9 billion. A number of months later, the tech and retail big mentioned the deal was below assessment by the Federal Commerce Fee.
In February, Amazon closed its billion-dollar acquisition of the first care supplier. On the time, information shops reported the Federal Commerce Fee would not sue to dam the deal however would proceed its investigation.
In its newest earnings report, One Medical reported a complete of 836,000 members on the finish of 2022, a 14% enhance year-over-year, with an ending shopper and enterprise membership depend of 796,000. The corporate reported full-year 2022 web income of $1.046 billion, a 68% enhance year-over-year.
In 2021, Rightway scored $100 million in Sequence C funding at a valuation of $1.1 billion. Two years earlier than, the care navigation platform garnered $20 million in Sequence B funding and $8 million in Sequence A financing.
