Not terribly surprising, as we had previously mentioned that the company's 1.5 million (soon to be unionized?) workers will likely demand and get comprehensive health benefits -- including a generous alternate site care benefit/rights. So -- we also expect Amazon is likely to experiment on its own "captive" workforce, as to what is most cost effective / profitable, in delivery of health services. And we expect it is going to do so. . . via these piece-meal acquisitions.
Here is the succint MartketWatch summary of the WSJ story.
. . .Shares of Signify Health Inc. (SGFY, -2.44%) rose 37% in premarket trade Monday, after the Wall Street Journal said that Amazon.com Inc. (AMZN, -2.86%) is among the bidders for the the home-health services provider. Signify is for sale in an auction that could value it at more than $8 billion, the paper reported, citing people familiar with the matter. . . .
Bids are due around Labor Day, according to the people, but it is always possible an eager bidder could strike a deal before then. Other interested parties include CVS Health Corp. (CVS, +0.40%), UnitedHealth Group Inc. (UNH, +0.57%) and one other unnamed corporate buyer. Signify shares have gained 49% in the year to date, while the S&P 500 has fallen 11%. . . .
Now you know -- onward, grinning -- out into the mid-August sunshine. Annual physical tomorrow. . . feeling crazy healthy!
नमस्ते
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