Amazon continues to expand in the healthcare space, this time announcing a $3.9bn deal to acquire One Medical, which operates primary care clinics across the US.
One Medical runs more than 150 clinics in over a dozen US cities, working with more than 8,000 companies, offering in-person, digital, virtual, and mobile services. The deal will see One Medical being acquired by Amazon Health Services, whose Amazon Care unit provides medical care in eight US cities.
The deal is the latest in a concerted push by Amazon to develop its healthcare services, which includes its acquisitions of online pharmacy PillPack and start-up Health Navigator, and the launch of the Amazon Pharmacy service in 2020. Analysts noted that the deal would offer Amazon access to “payer and hospital system relationships”
Neil Lindsay, SVP of Amazon Health Services, noted: “We think health care is high on the list of experiences that need reinvention. Booking an appointment, waiting weeks or even months to be seen, taking time off work, driving to a clinic, finding a parking spot, waiting in the waiting room then the exam room for what is too often a rushed few minutes with a doctor, then making another trip to a pharmacy – we see lots of opportunity to both improve the quality of the experience and give people back valuable time in their days.”
Amir Dan Rubin, CEO of One Medical, added: “There is an immense opportunity to make the health care experience more accessible, affordable, and even enjoyable for patients, providers, and payers. We look forward to innovating and expanding access to quality healthcare services, together.”
Amir Dan Rubin will remain as CEO of One Medical.
NAM Implications:
- “The deal is the latest in a concerted push by Amazon to develop its healthcare services…
- …which includes its acquisitions of online pharmacy PillPack and start-up Health Navigator, and the launch of the Amazon Pharmacy service in 2020.”
- Think: Booking an appointment, waiting weeks or even months to be seen, taking time off work, driving to a clinic, finding a parking spot, waiting in the waiting room then the exam room for what is too often a rushed few minutes with a doctor, then making another trip to a pharmacy (add aftercare)
- All based on what Amazon knows about you, physically, mentally, and economically…
- Now think what a threat this WILL be to Little ole’ UK…
- (and especially Boots…)
