Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

Amazon is buying ‘membership-based’ healthcare provider One Medical for $3.9 billion

One Medical’s (pre-pandemic) picture of a visit with your subscription-provided doctor. | Image: One Medical

Amazon’s two biggest acquisitions in its history have been Whole Foods ($13.7 billion) and the recently closed purchase of MGM ($8.45 billion), but now, if the deal closes, the third entry on that list will be a $3.9 billion buyout of One Medical. One Verge staffer who has been considering signing up for the company’s $199 primary care provider subscription (on top of insurance, just like any other doctor) called the company “healthcare for millennials.”

Backed by Alphabet’s GV unit (formerly Google Ventures), One Medical’s pitch includes an app, 24/7 access to on-demand telehealth services over video, and guaranteed same- or next-day appointments available through more than 125 offices. Slick YouTube videos promise “reimagined” doctors’…

Continue reading…

Read More

Web Source: The Verge – All Posts

Leave a Comment

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.