Deals
Amazon Gets ‘Whole Foods of Primary Care’ With One Medical Deal
- Wins relationships with hundreds of thousands of US patients
- One Medical is niche player, so deal likely not transformative
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Amazon.com Inc. is done dabbling in health care.
With its proposed $3.49 billion purchase of One Medical parent 1Life Healthcare Inc., the e-commerce giant is taking its biggest step yet into an industry that accounts for about one-fifth of the US economy.