Amazon Buys One Medical

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Alpha8472
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Amazon Buys One Medical

Post by Alpha8472 »

One Medical is a chain of doctors offices. It is a loss-making company with 767,000 members and enterprise clients including Airbnb, and Google.

One Medical is all about looks. The offices are designed to look fancy with waiting rooms with designer furniture. They look like posh hotel lobbies. This is a boutique doctor's office. It is all for show. Behind the scenes they are are a huge chain of doctors offices that is losing money. There are other competitors such as Teladoc that has 54 million paying customers and double One Medical's quarterly revenue.

The idea to blend online doctors and in person office visits is nothing new.

You pay for membership and you get access to Zoom doctors within 1 day. If you want an office visit, you can request it.

A Senator has urged the FTC to scrutinize the deal over concerns over the acquisitions implications for personal health data.
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