
Final Thursday, Amazon introduced it could purchase One Medical, a non-public equity-backed community of main care clinics, for $3.9 billion. It is a part of the corporate's concerted effort to interrupt into the healthcare market. Provided that healthcare accounts for about one-sixth of the U.S. financial system, it could be not possible for Amazon to fulfill its aim of sitting between each financial transaction with out getting concerned in medication. "We expect healthcare is on the high of the checklist of experiences that should be reinvented," is the extra euphemistic approach certainly one of its senior vice presidents put it.
When you begin enthusiastic about the degrees of integration Amazon may leverage by including well being clinics, you understand that this merger, the primary main one of many post-Bezos period, should not be allowed. Amazon already owns a pharmacy, a diagnostics firm, a platform for promoting medical merchandise at retail, an enterprise telemedicine supplier and a back-end IT service that gives healthcare firms...
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