DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
— - 1
Top related locs:
Top related orgs:
Service - 1 Google - 1 Amazon - 1 Business - 1 ONEM - 1 Care - 1 BI - 1 Health - 1

Search resuls for: "ONEM"


6 mentions found


☆ Google drops Amazon's One Medical
  + stars: | 2024-07-26 | by ( Eugene Kim | ) www.businessinsider.com   time to read: +5 min
Read previewFor years, Google was the largest business customer of One Medical, the primary care provider Amazon acquired for $3.9 billion. Since purchasing One Medical, Amazon has embarked on a number of cost-cutting moves, including layoffs and office closures, as BI previously reported. That means Google's health insurance will be accepted at One Medical offices, though Google employees will have to pay for their own memberships going forward. Advertisement"One Medical is proud of the care we have provided to Google employees at a small number of locations on Google campuses, virtually, and in our hundreds of community offices near where many Google employees live, work, and shop," Amazon's spokesperson said in a statement. In a statement to BI, Amazon's spokesperson said One Medical continues to see "very strong growth," while Amazon's broader healthcare business is "growing robustly."
Persons: — Organizations: Service, Google, Amazon, Business, ONEM, Care, BI, Health
☆ Amazon completes One Medical takeover after FTC nod, discounts membership
  + stars: | 2023-02-22 | by ( ) www.reuters.com   time to read: 1 min
Feb 22 (Reuters) - Amazon.com Inc (AMZN.O) said on Wednesday it completed its $3.5 billion takeover of primary care provider One Medical (ONEM.O), a day after a U.S. Federal Trade Commission (FTC) official announced that the agency would not challenge the deal. The acquisition, announced last July, gives the online retailer brick-and-mortar offices for consumers to receive medical care for the first time, in addition to a virtual health offering. Amazon also said it would discount One Medical membership to $144 from $199 for the first year to new customers, irrespective of whether they're Prime loyalty subscribers. Reporting by Mrinmay Dey in Bengaluru and Jeffrey Dastin in Palo Alto, Calif.; Editing by Sherry Jacob-PhillipsOur Standards: The Thomson Reuters Trust Principles.
☆ CVS digs into primary care with $9.5 bln Oak Street Health deal
  + stars: | 2023-02-08 | by ( ) www.reuters.com   time to read: +2 min
Feb 8 (Reuters) - CVS Health Corp (CVS.N) said on Wednesday it would buy Oak Street Health Inc (OSH.N) for about $9.5 billion in cash, expanding its healthcare services by adding hundreds of primary care clinics mostly for older people. Shares of the primary care firm rose 5% before the bell. The Oak Street deal echoes similar moves by rivals into primary care. Walgreens Boots Alliance (WBA.O) and Cigna (CI.N) have made investments in primary care provider VillageMD, and Amazon (AMZN.O) announced a $3.49 billion deal last year to buy One Medical (ONEM.O) to expand into the space. UnitedHealth Group Inc (UNH.N) also runs urgent care, primary care and surgical care centers.
☆ Amazon creates bazaar for U.S. banking wannabes
  + stars: | 2023-01-24 | by ( Jeffrey Goldfarb | ) www.reuters.com   time to read: +3 min
The e-commerce goliath recently added to its growing pile of debt with an $8 billion loan. After first tapping the market’s biggest bookrunners, Amazon enlisted Canada’s TD Securities to shop the lesser-traveled byways around Wall Street for the follow-up deal. It’s easy to understand why the wannabes would jump at the chance to work with Amazon. Others such as BBVA, which offloaded its American subsidiary but kept its broker-dealer business, are keen to expand in U.S. investment banking. For Amazon, spreading the wealth is a chance to trial new banking relationships before potentially hiring them for more complicated matters.
☆ Amazon launches virtual healthcare clinic in U.S.
  + stars: | 2022-11-15 | by ( ) www.reuters.com   time to read: 1 min
Nov 15 (Reuters) - Amazon.com Inc (AMZN.O) launched Amazon clinic on Tuesday, a virtual platform for common healthcare conditions like allergies, acne and asthma, expanding the e-commerce giant's presence in the U.S. healthcare space. Amazon, which already runs Amazon Pharmacy, said the new service would operate in 32 states, and comes only months after it agreed to buy primary care provider One Medical (ONEM.O) for $3.49 billion. Reporting by Bharat Govind Gautam in Bengaluru; Editing by Rashmi AichOur Standards: The Thomson Reuters Trust Principles.
☆ Walgreens-backed VillageMD to buy Summit Health in $9 billion deal
  + stars: | 2022-11-07 | by ( ) www.reuters.com   time to read: +2 min
Nov 7 (Reuters) - Primary care provider VillageMD, which is backed by Walgreens Boots Alliance Inc (WBA.O), is buying urgent care provider Summit Health in a deal valued at nearly $9 billion, as the No. Private equity firm Warburg Pincus-backed Summit Health runs an independent physician-run medical groups, and also operates CityMD, which acts as alternatives to hospital emergency department visits. Walgreens also raised its fiscal year 2025 sales goal for U.S. healthcare business to $14.5 billion to $16.0 billion, from $11.0 billion to $12.0 billion previously to account for the deal. Together, VillageMD and Summit Health will have a presence in more than 680 locations. Summit Health and CityMD had merged in August 2019, with the company now having over 13,000 employees and operating in over 370 locations.
0 next >>
Total: 6