Amazon announces acquisition of One Medical for $3.49 billion

Source : Map

23/02/2023 09:00

The American e-commerce giant Amazon has announced that it has completed its purchase of the American private healthcare network One Medical for 3.49 billion dollars.

The acquisition marks Amazon’s largest healthcare transaction to date.

One Medical operates more than 200 medical practices in the United States.

Customers pay subscription fees to access its doctors and digital health services.

The acquisition was completed after the US competition authority (FTC) decided not to challenge the deal.

“One Medical has paved the way for what should be a quality, convenient and affordable healthcare experience,” Neil Lindsay, head of Amazon Health Services, said in a statement.

“We are inspired by their human-centered, cutting-edge approach and are excited to help them continue to grow and serve more patients,” added Lindsay.

Other health offerings from Amazon include Amazon Pharmacy – developed from the assets of pharmaceutical start-up PillPack acquired in 2018 – and Amazon Clinic, a referral service that directs patients to partner doctors for digital consultations for the treatment of certain benign diseases.

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