Amazon Makes Moves In Healthcare With Plans To Acquire One Medical (Forbes)
We OrthoStreamers tend to think that disruption will come from inside the Orthopedic Industry. After all, we know the space inside-and-out.
But there is a non-trivial chance that disruption will come from a consumer tech company like Amazon, Apple, Google or a new blockchain startup. Watch these early signs, for big moves in the future.
Key takeaways
Amazon plans to acquire healthcare provider One Medical for $18 per share in a deal valued at $3.9 billion
One Medical, which went public in 2020, operates a network of healthcare clinics and telemedicine services
The Amazon One Medical buyout allows the retailer to penetrate deeper into the healthcare market than its previous ventures
One Medical’s parent company, 1Life Healthcare, Inc., closed Thursday at $17.25, just below Amazon’s offered price
On Thursday, online retail giant Amazon announced its intention to buy primary care clinic and telehealth operator One Medical. The all-cash offer values One Medical at $18 per share, or roughly $3.9 billion.
Amazon hopes that this latest acquisition – one of its largest – will help the retailer push deeper in...
