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Around the nation: CEO of Amazon One Medical steps down


Trent Green, CEO of Amazon One Medical, has stepped down from the position after less than two years, in today's bite-sized hospital and health industry news from Arizona, California, Tennessee, and Rhode Island. 

  • Arizona: Mayo Clinic is investing nearly $1.9 billion to expand its Phoenix campus as part of the organization's "Bold. Forward. Unbound." strategy. Through this strategy, Mayo Clinic aims to "cure, connect and transform healthcare for the benefit of patients everywhere." The investment, which is the health system's largest in the state, will help construct a 1.2 million-square-foot project, which includes a new procedural building, an expansion of the Mayo Clinic Specialty Building, two new inpatient units, and more. "This incredible investment will forever change the patient and staff experience in Arizona as Mayo Clinic grows and reinvents its nationally recognized clinical care, research and education," said Richard Gray, CEO of Mayo Clinic in Arizona. "Bold. Forward. Unbound. in Arizona will increase clinical space on the Phoenix campus by nearly 60%, allowing us to care for more patients than ever before." In addition to the investment in Arizona, Mayo Clinic also has ongoing projects in Minnesota and Florida. (Gooch, Becker's Hospital Review, 3/3)
  • California: Trent Green, CEO of Amazon One Medical, recently announced that he is stepping down after less than two years in the role. Green initially joined One Medical in July 2022 as its COO, and later became CEO in August 2023, replacing Amir Dan Rubin. Green's last day is April 4, and on June 1, he will begin his new role as CEO of National Research Corp, a healthcare artificial intelligence and analytics company. According to a One Medical spokesperson, the company is grateful for Green's contributions and wishes him well. The spokesperson did not provide any details about the company's search for a new CEO. (Hudson, Modern Healthcare, 3/5)
  • Tennessee/Rhode Island: CVS Health plans to sell its Medicare Shared Savings Program business to Wellvana in an "all-stock transaction," which will involve CVS retaining a minority investment in Wellvana. "With the acquisition, Wellvana cements itself as one of the largest value-based care enablement companies, supporting health care providers in 40 states and serving approximately 1 million Medicare patients," the companies said in a statement. "The combined company has delivered hundreds of millions in savings to the Medicare program over the past decade." Separately, Sree Chaguturu, president of CVS' healthcare delivery business, said the decision to sell this portion of the company's business was made "to further advance (Medicare Shared Savings Program) by partnering with a value-based care leader with the right strategic focus and investment commitment in this space." (Japsen, Forbes, 3/4)

Healthcare disruptors: How afraid of Amazon should you be?

Radio Advisory is rounding out its healthcare disruptor series with an episode about possibly the biggest disruptor of all – Amazon. Their acquisition of One Medical is among the biggest investments in care delivery by a non-healthcare entity. The acquisition has kicked off an arms race for physicians, with organizations like CVS announcing their own massive deals. In this episode, Rachel (Rae) Woods invites digital health experts John League and Ty Aderhold to discuss why Amazon’s investments – and failures – are a catalyst for the rest of the industry (and where they are going next).


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