How Amazon Plans To Reinvent Healthcare

As Amazon expands its reach further into the healthcare industry, they have now made the huge acquisition of One Medical in a deal valued at almost $4 billion. Cenk Uygur, Jayar Jackson, and Jessica Burbank discuss on The Young Turks. Watch LIVE weekdays 6-8 pm ET. http://youtube.com/theyoungturks/live

Read more HERE:
https://abcnews.go.com/Technology/wireStory/amazon-buy-primary-health-care-provider-39b-87181767

"Amazon will acquire the primary care organization One Medical in a deal valued roughly at $3.9 billion, marking another expansion for the retailer into health care services.

The Seattle-based e-commerce giant said Thursday it is buying One Medical for $18 per share cash. Its one of Amazon's biggest acquisitions, following its $13.7 billion deal to buy Whole Foods in 2017 and its $8.5 billion purchase of Hollywood studio MGM, which closed earlier this year.

One Medical, whose parent company is the San-Francisco based 1Life Healthcare, Inc., is a membership-based service that offers virtual care as well as in-person visits. It also works with more than 8,000 companies to provide its health benefits to employees."


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