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Thursday, August 18, 2022

Amazon’s obsession with rediscovering healthcare leads to its latest $3.9 billion purchase

Amazon continues to strengthen its position in the health business. tech giant bought a primary care company A medical loan for $3,900 million is included, as communicated by the two. The $18 per title offering is estimated to have a premium of 76% with respect to the eventual closing of the acquired one, at $10.2.

After learning of Amazon’s plans, 1Life Healthcare – One Medical’s parent company – is skyrocketing ahead of the market opening, pre-marketwith 67% increase, Which brings the share price closer to the offer price. A strong buying movement that has been sustained at the start of the listing on Wall Street.

Amazon has given the reason for discontinuing this operation in the health sector: Resume health care. “It’s an experience that needs to be reimagined,” says Neil Lindsay, the company’s vice president of health services. With the purchase of One Medical, the veteran founded by Jeff Bezos intends to change the way patients receive counseling.

Specifically, the aim is to change the current dynamic of primary care, which sometimes has months of waiting lists, trips to the medical center, queues and a consequent trip to the pharmacy, explains Amazon, which now wants to simplify that process. Is. “Our patients will make time for themselves and other things”, Pointed to Lindsay.

One Medical is a healthcare company that focuses on reduce costs for patients with a strong technical component. Amazon’s commitment to the company reflects its commitment to digitizing the health industry.

The operation is pending approval by the regulators. One Medical’s CEO will remain at the helm of the company, as detailed by the duo.

Amazon’s Commitment to the Health Business

The technology company has been consolidating its position in the healthcare business for some time now. In 2019, the e-commerce firm launched amazon care, A medical care service that, after traveling for more than three years, has spread across the United States. Again, it’s about giving patients attention through their mobile or electronic devices.

Amazon Care is also there face-to-face visits to patients And it has its own doctors and staff. In fact, the service is available in a large part of the United States and one of the goals for 2022 is to reach 20 more cities.

In addition to this business, Amazon has been in the pharmaceutical industry for a long time. In 2018, it acquired and incorporated its platform, PillPack, which aims to Online purchase of pharmaceutical products.

World Nation News Desk
World Nation News Deskhttps://worldnationnews.com/
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