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Amazon is buying healthcare provider One Medical for $3.9 billion.
One Medical offers subscription-based healthcare at locations across the US. It offers 24/7, on-demand virtual care, and members can use the company's app to make same-day or next-day appointments for in-person visits. It also cares for some seniors in the US Medicare program, after acquiring eldercare pioneer Iora Health.
It isn't Amazon's first foray into healthcare. The company acquired mail-order pharmacy PillPack in 2018 for roughly $750 million. It is building out its own medical operation called Amazon Care, which offers virtual consultations and at-home visits from doctors.
Read the full story at the link in our bio.
(Credit: AP)
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Jul 21
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