Amazon Makes Moves In Healthcare With Plans To Acquire One Medical
Summary
If the firm acquires One Medical’s in-house records system, it could tap information that will allow it to predict healthcare costs, target interventions and guide treatment development for years to come. We see lots of opportunity to improve the quality of the experience and give people back valuable time in their days.” On the other side of the equation, One Medical CEO Amir Dan Rubin expressed excitement for the acquisition. Amazon has no business being a major player in the healthcare space, and regulators should block this $4 billion deal to ensure it does not become one.” Sacha Haworth of the Tech Oversight Project advocacy group agrees. Several potential rivals, including Walgreens, Walmart and CVS health have spent billions opening clinics to serve patients and snap up market share. Amazon and One Medical: A gamble you don’t have to take alone Investing in emerging tech companies and high-profile acquisitions provides excitement and the potential for large future payouts.