Amazon today made its biggest incursion to date into the healthcare industry, with a $3.9bn deal, including debt, for provider One Medical.
Rather like its acquisition of the Whole Foods grocery chain in 2017, One Medical adds a bricks-and-mortar element to its strategy. with its 188 medical centres spread across major US cities.
Amazon decided to go it alone on healthcare with the closure early last year of Haven Healthcare, a joint venture with Berkshire Hathaway and JPMorgan Chase. Haven aimed to provide “simplified, high-quality and transparent healthcare at a reasonable cost”.
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