Amazon closed a $3.9 billion deal to acquire the One Medical network of primary-care clinics, joining an array of companies betting on physicians and medical services to broaden their reach in healthcare
E-commerce company struck $3.9 billion deal for One Medical as CVS, Walgreens also forge expansions based on clinicians
Corporate giants from Amazon to CVS are investing billions into primary-care practices. It’s part of a sweeping shift in U.S. healthcare to a more value-based model. Here’s what that means for doctors, patients and health insurers. Photo illustration: Amber Bragdonan operator of primary-care clinics, joining an array of companies betting on physicians and medical services to broaden their reach in healthcare.
The company said Wednesday it had completed its acquisition of 1Life Healthcare Inc., which operates a primary-care practice under the name One Medical. The deal gives Amazon access to dozens of medical offices in more than 20 U.S. markets, as well as deals with thousands of companies to provide health benefits to employees through in-person and virtual care.
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