CNBC July 21, 2022
– Amazon is acquiring One Medical for $18 a share, an all-cash deal that values the primary health care provider at roughly $3.9 billion.
– One Medical, which went public in 2020, operates a network of boutique primary care practices.
– The deal deepens Amazon’s presence in health care, an area in which it has sought to expand by launching an online pharmacy and ramping up a telehealth service, among other things.
The deal deepens Amazon’s presence in health care, which Neil Lindsay, senior vice president of Amazon Health Services, said...