'Amazon Delays Virtual Care Service's Unveiling After Senators Raised Privacy Concerns'
Portfolio Pulse from Benzinga Newsdesk
Amazon is delaying the launch of a major expansion of its Amazon Clinic telemedicine service due to privacy concerns raised by Senators Peter Welch and Elizabeth Warren. The company planned to announce a 50-state launch of synchronous care, but will now hold off on promotional activities for three weeks.
June 23, 2023 | 7:45 pm
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Amazon delays the expansion of its Amazon Clinic telemedicine service due to privacy concerns raised by Senators, potentially affecting the company's growth in the healthcare sector.
The delay in the expansion of Amazon Clinic telemedicine service could slow down Amazon's growth in the healthcare sector. The concerns raised by Senators may lead to increased scrutiny and potential regulatory actions, which could negatively impact the company's stock price in the short term.
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