Amazon buying One Medical is only its most recent dive into the health care industry

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Amazon is buying One Medical, a primary care practice. The tech giant has already stepped into the health care world, but experts said this is a big step to expand Amazon's physical health presence:

Amazon plans to buy the primary care organization One Medical in a nearly $4 billion deal, adding to the growing list of the tech giant's acquisitions and attempts to expand its reach in the health care industry.

"There is an immense opportunity to make the health care experience more accessible, affordable, and even enjoyable for patients, providers, and payers," Amir Dan Rubin, One Medical's CEO, said in a statement. "I think this indicates their similar desire as Whole Foods to have a physical place where they can have a health care interaction with their patients or customers that's available in most major American cities," Neinstein said.Amazon acquired the online pharmacy companyfor $753 million in 2018 and launched Amazon Pharmacy in 2020 as a prescription and delivery service.

The company also owns Amazon Web Services, a massive cloud storage service that stores health data for many hospitals and health systems.

 

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