All the greats of technology know that the health sector is the real business of the future. For this reason, companies such as Google, Apple or Facebook have been positioning themselves for some time. Now it’s Amazon’s turn.
The world population continues to grow, and life expectancy always increases. With this sum of factors, health-related expenses are a continuous waste of money for all: citizens and states.
And there is someone who has all our information: how far we walk, what pulse do we have, what are our hours of sleep, how much oxygen in our blood do we have… Exactly, your trusted technology company.
Companies like Apple, Google, Xiaomi and others know how healthy we are almost better than our family doctor. That is why it is logical that they want to get into the business. Amazon has been late, but it’s here.
When Amazon launched Amazon Care to its employees in 2019, the goal was to test the product before rolling it out nationally. After that rollout happened earlier this year, Amazon’s CEO said this app would be a game-changer for healthcare.
And he predicted that patients of the future would be so used to telehealth and other new conveniences that they would think that things like the long wait times and delays between in-person visits experienced today are really “crazy.”
Now, according to The Wall Street Journal, Amazon has taken another step towards that future by agreeing to purchase One Medical, a company that manages a network of health clinics, worth 3.9 billion dollars.
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With this move, Amazon will expand the number of patients it serves by gaining access to more than 180 medical offices in 25 US markets. and works with more than 8,000 companies to provide health benefits to employees, including face-to-face and virtual care.
However, it has not been a complete success story. Almost 500 million of Amazon’s investment in One Medical is intended to pay off the company’s debt.
One Medical was also recently criticized in 2021 during a congressional investigation into how it administered COVID-19 vaccines when they first became available in December 2020. Other than that, the future is already in motion.
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