Deals
Amazon Says It Has Completed $3.49 Billion Deal for One Medical
- The FTC declined to block the deal but will continue its probe
- Acqusition marks Amazon’s biggest move yet into health care
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Amazon.com Inc. says it has completed its purchase of One Medical parent 1Life Healthcare Inc., sealing the $3.49 billion acquisition after the US Federal Trade Commission declined to challenge it.
The deal gives the e-commerce giant a network of primary-care doctors, Amazon’s biggest move to date into the health care industry. One Medical operates more than 200 medical offices in 26 markets in the US. Customers pay a subscription fee for access to its physicians and digital health services.