Australian blue chips to follow US shares higher. European Central Bank’s 50 basis point hike is first in two decades. Iron ore eases further below $US100 per tonne. Follow updates here.
Amazon on Thursday agreed to buy primary care provider One Medical for $3.9 billion , expanding the e-commerce giant’s virtual healthcare and adding bricks-and-mortar doctors’ offices for the first time.to become a leading player in the healthcare industry, from becoming an online pharmacy to providing telehealth services. One Medical offers a subscription-based model where users can pay a monthly fee to have access to doctors.
“We think healthcare is high on the list of experiences that need reinvention,” said Neil Lindsay, senior vice president of Amazon Health Services. The online retailer piloted virtual care visits for its own staff in Seattle in 2019 before offering services to other employers under the Amazon Care brand. It likewise bought online pharmacy PillPack in 2018, underpinning a prescription delivery and price-comparison site it later launched.
The Seattle-based retailer has signalled its ambitions to improve and speed up care. However, a big idea akin to how Amazon has automated the role of cashiers in grocery stores has yet to emerge.
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