Amazon to Acquire One Medical for $3.9 Billion
As already mentioned, this is just one of the latest deals to catch the eye of financiers and regulators concerned with the vast size of some of these tech giants. The $3.9 billion deal will also acquire One Medical’s outstanding debt.
In a release, Amazon’s Neil Lindsay, the SVP of Amazon Health Services, said “We think health care is high on the list of experiences that need reinvention.” Though it’s not reinventing health care to make it available to the vast majority of Americans who need it. Instead, Lindsay said it focuses on the convenience factor, from having to take time off work to lingering in waiting rooms. It’s a bit concerning to think Amazon thinks it know what people want from their health care, versus what theyactually need.
