Amazon to Buy One Medical Network of Health Clinics in Healthcare Expansion

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Amazon is buying primary-care practice One Medical for $3.9 billion, its latest move into the healthcare space

Amazon . com Inc. is buying an operator of primary-care clinics, a significant expansion that will help the tech giant offer medical services to a large pool of employers and individuals and that underscores its sweepingThe $3.

9 billion deal, including debt, for 1Life Healthcare Inc., which operates a primary-care practice under the name One Medical, is the first major acquisition announced during the tenure of Chief Executive Andy Jassy, for whom expansion into healthcare

Source: Healthcare Press (healthcarepress.net)

 

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