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Amazon To Buy One Medical For $3.9Bn, Expanding Into Primary Care

 
• By Marion Webb

Amazon’s planned acquisition of One Medical will dramatically expand their brick-and-mortar footprint, accelerating its growth, according to a health care consultant.

Amazon
• Source: Shutterstock

Amazon agreed to buy primary care services provider One Medical’s parent company 1Life Healthcare in a deal valued at $3.9bn, further expanding its reach in the health care sector, the companies announced on 21 July.

One Medical went public in 2020. Amazon said it will pay $18 a share for the company.

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