Employee-focused care navigation and pharmacy benefits platform Rightway is partnering with hybrid primary care provider One Medical to expand access to primary care for employees.
Rightway offers an enterprise healthcare platform that helps employees understand and utilize the health benefits available to them. Users can see both costs and care options available in their plan. The company also acts as a pharmacy benefits manager. Services include real staff that can help users understand their benefits.
One Medical is a membership-based primary care organization that Amazon acquired earlier this year. It offers virtual care and in-person visits alongside provider messaging and prescription assistance.
One Medical will join RightwayHub, the company’s ecosystem partnership program, as an integrated partner. RightwayHub is a centralized care navigation platform that allows employees to access Rightway partners’ digital health solutions in one place.
Rightway’s members will be able to access One Medical’s primary care services through the care navigation platform, and One Medical will receive centralized reporting and simplified contracting.
“Healthcare is complicated and costly, and we’re in a unique position to address that for our customers like never before,” David Kabaker, vice president of channel partnerships at One Medical, said in a statement. “By combining One Medical’s primary care solution and Rightway’s care navigation solution, clients will see increased usage of One Medical’s services, proven to drive down the total cost of care and deliver improved health outcomes.”
THE LARGER TREND
In July last year, Amazon announced it signed a definitive agreement to purchase One Medical for $3.9 billion. Several months later, the tech and retail giant said the deal was under review by the Federal Trade Commission.
In February, Amazon closed its billion-dollar acquisition of the primary care provider. At the time, news outlets reported the Federal Trade Commission wouldn’t sue to block the deal but would continue its investigation.
In its latest earnings report, One Medical reported a total of 836,000 members at the end of 2022, a 14% increase year-over-year, with an ending consumer and enterprise membership count of 796,000. The company reported full-year 2022 net revenue of $1.046 billion, a 68% increase year-over-year.
In 2021, Rightway scored $100 million in Series C funding at a valuation of $1.1 billion. Two years before, the care navigation platform garnered $20 million in Series B funding and $8 million in Series A financing.