1 Big Move From Amazon That Seems Inevitable
Amazon (NASDAQ: AMZN) is no stranger to making big moves. Acquisitions are never too far away from the tech giant. And in recent years, one industry that it has been focusing on is healthcare. Earlier this year, it announced the closing of its deal to acquire primary care company One Medical.
Although it shut down its telehealth business last year, Amazon Care, that's a logical area for Amazon to prioritize next. I would be surprised if it didn't make a big telehealth acquisition within the next 12 months.
Telehealth companies have been struggling in recent years as growing competition and a lack of profitability have kept investors hesitant about many businesses within the industry.
Source Fool.com
