Amazon acquires One Medical for US$ 3.9 billion

Amazon acquires One Medical for US$ 3.9 billion

Amazon announced the official purchase of the primary care provider. One Medical for $3.9 billion.

The company has long had ambitions to expand into health care, and with this venture it is trying to cement this purpose.

Amazon and healthcare

Amazon agreed last July to acquire One Medical to deepen its presence in healthcare and “dramatically improve” the healthcare experience.

In its previous acquisitions, it bought online pharmacy PillPack in 2018 for $750 million, then launched its own virtual clinic for chronic conditions and prescription benefits for Prime members.

Now, the current deal gives Amazon access to the more than 200 physical medical offices of. One Medical in 26 markets and approximately 815 thousand members.

In a statement, CEO Andy Jassy said healthcare is ready for this disruption, citing long appointment times and the complexities of primary care.

“Customers want and deserve better, and that is what we One Medical has been working and innovating for more than a decade,” Jassy said in a statement. “Together, we believe we can make the healthcare experience easier, faster, more personal and more convenient for everyone.”

Patient discounts

In the United States, Amazon noted that it will discount the price of memberships from. One Medical from $200 to $150 in the first year, regardless of whether they are Prime subscribers.

The shutdown comes after the deadline for the Federal Trade Commission (FTC) to challenge the deal expired.

“The FTC’s investigation into the acquisition of. One Medical by Amazon continues,” said FTC spokesman Douglas Farrar. “The commission will continue to analyze potential competitive harms created by this merger, as well as potential harms to consumers that may result from the control and use of Amazon of confidential consumer health information in the possession of. One Medical“.

We recommend METADATA, RPP’s technology podcast. News, analysis, reviews, recommendations and everything you need to know about the technological world.


Kayleigh Williams