Amazon Closes $3.9B Buyout Of Health Company One Medical
February 22, 2023 10:12AM PST
NEW YORK (AP) – Amazon has closed its $3.9 billion acquisition of the primary care organization One Medical.
The health company runs a membership-based service offers virtual care as well as in-person visits. And the two companies said Wednesday membership to the service will be available to new U.S. customers for $144 – a 28% discount – for the first year.
The Federal Trade Commission had been doing a review of the buyout.
Though it hasn’t brought forth a lawsuit to block the merger, an agency spokesperson says its not ruling out any challenges in the future.
The FTC is also reviewing Amazon’s $1.65 billion purchase of iRobot, which was announced last August.