What’s Amazon planning for primary care provider One Medical?

Amazon Diagnostics’ COVID-19 testing lab in Hebron, Kentucky[Image courtesy of Amazon]

Amazon’s anti-friction focus will find many opportunities in healthcare.

Here we go again.

That was my first thought when reading the news that Seattle-based Amazon (Nasdaq:AMZN) plans to buy One Medical for nearly $4 billion.

The deal immediately brought to mind Amazon’s $13.7 billion acquisition of Whole Foods, which to this day remains Amazon’s largest purchase. The retail business is a different industry than healthcare, but there are plenty of similarities that the medical device and pharmaceutical industries ought to consider.

For one, Amazon’s retail efforts have always focused on customer convenience, from the early days of online book buying to the patented one-click “buy now” button and fee-generating Prime memberships, which topped 200 million subscribers last y…

Read more
  • 0

Amazon seeks healthcare ‘reinvention’ with $4B One Medical acquisition

Amazon (Nasdaq:AMZN) is making a big expansion into healthcare, with plans to acquire primary care provider One Medical in a nearly $4 billion deal.

One Medical is a healthcare organization with a focus on digital health and inviting, convenient in-office primary care. According to its website, it has locations in 17 metro areas across the country: Atlanta; Austin, Texas; Boston; Chicago; Columbus, Ohio; Dallas-Fort Worth; Houston; Los Angeles; New York; Orange County, California; Raleigh-Durham, North Carolina; San Diego, Seattle, and San Francisco. Additional locations are coming soon to Miami and Milwaukee.

RELATED: What’s Amazon planning for One Medical?

“We think health care is high on the list of experiences that need reinvention. Booking an appointment, waiting weeks or even months to be seen, taking time off work, driving to a clinic, finding a parking spot, waiting in the waiting room then the exam room for what is too often a rushed few m…

Read more
  • 0