Amazon Web Services launches healthcare cohort
Amazon Web Services (AWS) has launched its next AWS Healthcare Accelerator cohort, focused on health equity, the company announced on its website Tuesday, May 24.
“The accelerator is one more way to harness the power of the cloud to make access to healthcare equitable,” the company said. “It builds on other efforts we’ve launched in this area, including the AWS Health Equity Initiative, a three-year, $40 million global commitment designed to support innovations in this area.”
Both programs are part of AWS for Health, an offering of AWS services and AWS Partner Network solutions that AWS says are designed to help organizations accelerate innovation, unlock the power of health data, and deliver more personalized approaches to therapeutic development and care. .
The accelerator, now in its second year, will support 10 US-based startups in a four-week program, aimed at mentoring companies focused on promoting more equitable healthcare.
AWS says participating startups can get up to $25,000 — per startup — in AWS promotional credits, as well as connections to venture capitalists. They will also have the chance to collaborate with other AWS healthcare customers and partners, benefit from training and advice from experts in their field, as well as advice on business development and fundraising.
See also: Amazon and Walmart clash over healthcare in 2022
As PYMNTS noted, health care has become an increasingly active battleground in Amazon’s ongoing rivalry with Walmart.
While Walmart has an advantage in its physical locations — 4,800 stores in which to house pharmacies and walk-in retail health clinics — Amazon has the online scale and digital expertise to merge pharmacy, telehealth and devices in a connected economy approach to healthcare.
In February, the company announced that it was removing the Amazon Care telehealth platform from the pilot phase with a nationwide rollout in more than 20 US cities scheduled for 2022.
“Amazon Care is uniquely positioned to fill a critical gap in the healthcare system, as it combines the best of virtual care with a new approach to in-person care. The combination allows patients to receive a wider range of care, from on-demand primary care to chronic care management, from the comfort of their own home.