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Amazon launches pay-per-visit virtual healthcare service for kids

1. Amazon's One Medical launches virtual healthcare for kids ages 2 to 11. 2. Pay-per-visit starts at $29, no insurance required. 3. New service supplements pediatric care for urgent health issues. 4. Amazon's healthcare expansion targets declining pharmacy competitors. 5. Prescription vending machines introduced at One Medical clinics in LA.

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FAQ

Why Bullish?

Amazon's expansion in healthcare can drive revenue growth, following successful acquisitions like One Medical. Historical examples include the boost in stock after acquisitions enhancing market presence.

How important is it?

Expanding into healthcare aligns with Amazon's growth strategy, potentially capturing a sizeable market share amid declining competitors.

Why Long Term?

As Amazon builds its healthcare offering, increasing consumer adoption will take time but may significantly contribute to long-term revenue.

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