Amazon said Thursday it has signed an agreement to acquire One Medical, a primary care organization operated by 1Life Healthcare Inc, for $18 per share in cash, or $3.9 billion including debt.
“We think healthcare is high on the list of experiences that need reinvention,” said Neil Lindsay, senior vice president of Amazon Health Services. He cited a list of health care-related complaints, including the time it takes to make a reservation, get time off work, find a parking spot near a clinic and then access a pharmacy.
Once the deal closes, Amir Dan Rubin will remain CEO of One Medical.
Amazon has made a number of moves in the healthcare space, including the acquisition of online pharmacy PillPack in 2019.
Source: Capital
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