Amazon has made another big move into health care.
The company has entered into an agreement to acquire One Medical, a membership-based primary health care provider, for $3.9 billion, including debt. The San Francisco-based health care startup offers a combination of in-person, digital and virtual care services, promising members “24/7 access to virtual care.” Amazon is paying $18 a share in cash.
In a statement, Neil Lindsay, senior VP of Amazon Health Services, said that Amazon believes “health care is high on the list of experiences that need reinvention.”
Source: Chain Store Age