Amazon Closes $3.9 Billion Buyout of Health Company One Medical
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 virtual care as well as in-person visits.
The two companies said Wednesday that for the first year, membership will be available to new U.S. customers for $144, a 28 percent discount intended to lure new customers….