Amazon said on Thursday it had entered into an agreement to acquire primary healthcare company One Medical, valued at approximately $3.9 billion.
One Medical is a membership-based primary care service that promises customers “24/7 access to virtual care”.
The company operates in a dozen major US markets, according to its website.
In a statement Thursday announcing the acquisition, Neil Lindsay, senior vice president of Amazon Health Services, said the e-commerce giant thinks “health care is at the top of the list of experiences in need of reinvention.”
Lindsay added that Amazon hopes to be one of the companies “that help dramatically improve the healthcare experience in the years to come.”
The acquisition is just the latest example of the tech giant expanding its presence in the healthcare industry and thereby increasing its broad reach into consumers’ lives.
Amazon acquired PillPack, an online pharmacy, in 2018 and later launched its own digital pharmacy in the United States.
Separately, Amazon has partnered with JP Morgan Chase and Berkshire Hathaway in an effort to provide better health care and insurance at a lower cost to workers and families at the three companies and possibly other companies as well.
This effort, called Havenwas closed last year.
The latest agreement remains subject to approval by One Medical’s shareholders and regulators.
Source: CNN Brasil
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