A PYMNTS Company

Amazon Finalizes $3.9B Acquisition Of Health Company Medical One

 |  February 22, 2023

Amazon announced that it had completed its $3.9 billion acquisition of health care provider One Medical after the US Federal Trade Commission indicated it wouldn’t challenge the merger.

Amazon said the acquisition, which was announced in July, will boost and expand the primary care services Amazon is already offering through its Amazon Care brand, which includes prescription-delivery service Amazon Pharmacy and message-based telehealth service Amazon Clinic.

Read more: Amazon Bids For Home-Health Provider Signify Health

One Medical runs a chain of more than 150 primary care clinics in over a dozen US cities and offers online and mobile services to more than 800,000 individual subscribers as well as workers who receive its benefits from employers.

“Customers want and deserve better, and that’s what One Medical has been working and innovating on for more than a decade,” Amazon CEO Andy Jassy said in a statement. “Together, we believe we can make the health care experience easier, faster, more personal, and more convenient for everyone.”