The deal heralds a dramatic expansion of Amazon into healthcare sector
Amazon.com Inc. on Thursday said it would buy One Medical for $3.49 billion in an all-cash transaction.
The deal heralds a dramatic expansion of the online retailer’s push into healthcare, having piloted virtual care visits for Amazon employees in Seattle in 2019 before offering such services to other employers and in other cities under the Amazon Care brand. “We think health care is high on the list of experiences that need reinvention,” said Neil Lindsay, senior vice president of Amazon Health Services.Be smart with your money. Get the latest investing insights delivered right to your inbox three times a week, with the Globe Investor newsletter.
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