Amazon acquires One Medical, which develops telemedicine services, and plans to renew healthcare by eliminating the hassle of face-to-face medical care



It was revealed that Amazon, which had been focusing on the healthcare field such as the

acquisition of the online pharmacy PillPack , has acquired One Medical , which develops telemedicine services. The acquisition will allow Amazon to further expand its healthcare space, including launching online pharmacies and strengthening telemedicine services.

Amazon and One Medical Sign an Agreement for Amazon to Acquire One Medical | Business Wire
https://www.businesswire.com/news/home/20220720006113/en/Amazon-and-One-Medical-Sign-an-Agreement-for-Amazon-to-Acquire-One-Medical

Amazon to Buy One Medical Network of Health Clinics in Healthcare Expansion --WSJ
https://www.wsj.com/articles/amazon-to-buy-one-medical-for-3-9-billion-11658408934

Amazon to Acquire One Medical Clinics in $ 39 Billion Deal --The New York Times
https://www.nytimes.com/2022/07/21/business/amazon-one-medical-deal.html

One Medical is a company that provides various medical services such as online medical care, lifestyle advice to patients, and health management by specialists.

Amazon has announced that it will buy One Medical for $ 18 per share, which will be a full cash transaction of about $ 3.9 billion, including One Medical's net debt. I told you.

The acquisition will enable Amazon to leverage its operations with more than 180 clinics operated by One Medical and more than 8,000 affiliated companies. One Medical's CEO will continue to be incumbent Amir Dan Rubin.



Analysts at investment bank Cowen cite one of the reasons why One Medical is attractive to Amazon: 'The number of virtual clinic visits is about five times higher than face-to-face clinic appointments.' In addition, One Medical has built its own electronic medical record system and has 15 years of medical system data, so it is analyzed that Amazon has found value in seeking such data.

Amazon acquired PillPack, which sells medicines online, in 2018, and announced partnerships with six medical institutions interested in developing Alexa skills to process patient information in 2019. While providing faster medical care to customers, we are also focusing on in-house medical services, such as receiving online medical services and prescribing for Amazon employees and their families via a dedicated app. We operate a program called 'Amazon Care' that allows you to receive medical services that can be delivered directly to your home.

Amazon is offering 'Amazon Care' for employees and their families, which is a collection of online medical services and prescription delivery services --GIGAZINE



Amazon positions healthcare as 'top of the experience that requires reinvention,' specifically reducing the appointments required to get medical services, waiting time for medical care, and travel time. It seems that he has focused on telemedicine services. Neil Lindsay, Senior Vice President of Amazon Health Services, said, 'We love inventions to make things that should be easy, and to dramatically improve the healthcare experience in the coming years. I want to be one of the useful companies. '

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