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Amazon Closes $3.9 Billion Buyout of Health Company One Medical

by The Epoch Times
March 1, 2023
in Business
Amazon Closes $3.9 Billion Buyout of Health Company One Medical

The Amazon DTW1 fulfillment center in Romulus, Mich., on April 1, 2020. (Paul Sancya/AP Photo) NEW YORK— Amazon said Wednesday it has closed its $3.9 billion acquisition of the primary care organization One Medical.

The e-commerce giant has said the buyout, which was announced in July, is a key component of its growing health care business, which includes its online drugstore Amazon Pharmacy and a patient to doctor messaging service called Amazon Clinic.

One Medical, which was owned by San Francisco-based 1Life Healthcare Inc., has about 815,000 members and 214 medical offices in more than 20 markets. Its membership-based service offers […]

Read the rest of this story here: www.theepochtimes.com

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