Quoting the article : "One Medical’s seamless in-office and 24/7 virtual care services, on-site labs, and programs for preventive care, chronic care management, common illnesses, and mental health concerns have been delighting people for the past 15 years."
Not experienced with Amrican healthcare services, I understand this is a huge telemedecine firm. It's reasonable for Amazon to invest in a virtual medecine provider. Too much cash on-hand waiting for a strategic investment in a new industry.
Reminds me of Berkshire Hathaway's purchase of the insurance provider Gecko. Both are business deals that are convincingly different from Alphabet buying FitBit (software company seeing value in another software company).
If you're a customer of Amazon, this will satisfy you and disrupt the whole healthcare sector. I expect more effectiveness and value-added than from the US gov initiative "Obamacare" (harshly challenged by political backlashes).
Not experienced with Amrican healthcare services, I understand this is a huge telemedecine firm. It's reasonable for Amazon to invest in a virtual medecine provider. Too much cash on-hand waiting for a strategic investment in a new industry.
Reminds me of Berkshire Hathaway's purchase of the insurance provider Gecko. Both are business deals that are convincingly different from Alphabet buying FitBit (software company seeing value in another software company).
If you're a customer of Amazon, this will satisfy you and disrupt the whole healthcare sector. I expect more effectiveness and value-added than from the US gov initiative "Obamacare" (harshly challenged by political backlashes).