Amazon bets on healthcare, bought OneMedical

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(ANSA) – ROME, JULY 22 – Amazon bets on healthcare and buys OneMedical for $ 3.9 billion in cash, in what is the first major acquisition of the era of Andy Jassy, ​​the successor of Jeff Bezos at the helm of the giant of retail sales. With OneMedical, Amazon gains access to a network that operates in more than 180 medical offices in 25 US states and that works with more than 8,000 companies to provide health benefits to employees. “We believe healthcare is among the experiences that need to be reinvented,” said Neil Lindsay, vice president of Amazon Health Services. “We see many opportunities to improve quality,” he adds. The acquisition confirms the growing interest of the tech giants in healthcare, a sector that is worth 4 trillion dollars, also considering the increase in demand for virtual medical examinations. However, a sector that is not easy to control and innovate. Amazon together with Berkshire Hathaway and JPMorgan have tried it with little success in recent years. Once the acquisition is completed.

OneMedical CEO Amir Dan Rubin will retain leadership of the company. The operation pushes OneMedical shares to Wall Street, where they come to gain 68.47%. Amazon is also on the rise, where the CEO is determined to pursue growth opportunities in healthcare, one of the few areas least susceptible to recession. (HANDLE).

Source: Ansa

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