Why Amazons acquiring this health care company for $3.9 billion - BitcoinEthereumNews.com
KabuhayanWhy Amazons acquiring this health care company for $3.9 billion07 / 21 / 2022Balita ng Ethereum ng Bitcoin Amazon (AMZN) anounced today that it would acquire subscription health care provider One Medical for $3.9 billion. The deal marks one of Amazons most high-profile pushes into health care to date. So, why One Medical? To start, One Medical — which was founded in 2007 and focuses onso-called concierge primary care — was on the market. The kompanya had reportedly been fielding takeover interest from giants like CVS (CVS). One Medical‘s $199 anual subscription offers 24/7 access to telehealth services, same-day appointments, and an app. The company had 188 U.S. locations and more than 750,000 members, as of a May filing. The company’s focus is on primary care and boasts virtually no wait times, and in its IPO filing expressed interest in moving into behavioral health. The Carlyle Group has been one of One Medical‘s key investors, and is Iniulat set to exit after Amazon’s acquisition. One Medical, whose parent company 1Life Healthcare trades under the ticker ONEM, went public in 2020. The company‘s shares, as of close Wednesday, were down about 44% year to date. However, as of this morning, One Medical’s shares have skyrocketed