• Michigan Medicine announces plan to acquire Sparrow Health in Lansing
    Medicine

    Michigan Medicine announces plan to acquire Sparrow Health in Lansing

    Ann Arbor-based Michigan Medicine and Lansing-based Sparrow Health jointly announced a proposed merger agreement on December 8 that will take effect in the first half of 2023. The Sparrow Health board of directors approved the deal on November 28 and the University of Michigan Board of Regents, the management body responsible for the university health care system, approved it on December 8. In the corporate-speak that serves to conceal the financial interests driving the deal, a press statement said: “Sparrow Health System will join University of Michigan Health under a proposed agreement that will expand services to mid-Michigan residents, provide access to the highest level of care, improve facilities and…

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  • Amazon will acquire One Medical in its latest health care endeavor : NPR
    Health Care

    Amazon will acquire One Medical in its latest health care endeavor : NPR

    Amazon said it will acquire the primary care organization One Medical for $3.9 billion. Michael Sohn/AP hide caption toggle caption Michael Sohn/AP Amazon said it will acquire the primary care organization One Medical for $3.9 billion. Michael Sohn/AP Amazon plans to buy the primary care organization One Medical in a nearly $4 billion deal, adding to the growing list of the tech giant’s acquisitions and attempts to expand its reach in the health care industry. “We think health care is high on the list of experiences that need reinvention,” Neil Lindsay, senior vice president of Amazon Health Services, said in a statement last week. One Medical is a membership-based primary…

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