Amazon looking to reinvent healthcare ‘experience’ with latest US$3.9B acquisition – National | Globalnews.ca

By Rose On Jul 21, 2022

By
Staff

The Associated Press

Posted July 21, 2022 10:05 am

Updated July 21, 2022 10:06 am

Amazon announced Thursday it will acquire the primary care organization One Medical in a deal valued roughly at US$3.9 billion, marking another expansion for the retailer into health care services.

The Seattle-based e-commerce giant said in a statement it will acquire One Medical for US$18 per share in an all-cash transaction.

Neil Lindsay, the senior vice president of Amazon Health Services, said in a statement the acquisition is geared towards reinventing the healthcare “experience” for things like booking an appointment and taking trips to a pharmacy.

“We love inventing to make what should be easy easier and we want to be one of the companies that helps dramatically improve the healthcare experience over the next several years,” Lindsay said.

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