Amazon ramps up its health ambitions, buying US primary care group –
Amazon has accelerated its expansion into the healthcare sector with an all-cash deal to acquire One Medical, a US group that provides virtual and in-person primary care services using a subscription model. Amazon is buying One Medical for $18 a share, valuing the company at about $3.9 billion, making it one of the online retail giant’s largest acquisitions to date — and by far the largest in the healthcare category. The addition of One Medical’s primary care capabilities is a big step forward for Amazon as it seeks to become a major player in the health space, providing services acrossRead News
