Amazon Achieves Closing Of One Medical Deal, Officially Entering Doctor Clinic Business

FILE – This Sept. 6, 2012, file photo, shows the Amazon logo in Santa Monica, Calif. T(AP Photo/Reed … [+] Copyright 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistribu Amazon Wednesday closed its $3.9 billion acquistion of One Medical, bringing the giant online retailer into the hotly competitive business of owning primary care physcian practiecs. The deal means Amazon will now provide One Medical’s “in office and 24/7 virtual care services, on-site labs, and programs for preventive care, chronic care management, common illnesses, and mental health concerns,” the companies said Wednesday. “If you fast forward 10 years from now, people are not going to believe how primary care was administered,” Amazon CEO Andy Jassy said. “For decades, you called your doctor, made an appointment three or four weeks out, drove 15-20 minutes to the doctor, parked your car, signed in and waited several minutes in reception, eventually were placed in an exam room, where you waited another 10-15 minutes before the doctor came in, saw you for five to ten minutes and prescribed medicine, and then you drove 20 minutes to the pharmacy to pick it up—and that’s if you […]

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