Amazon mentioned Wednesday it has closed its $3.9 billion acquisition of the first care group One Medical.
The e-commerce large has mentioned the buyout, which was introduced in July, is a key element of its rising well being care enterprise, which incorporates its on-line drugstore Amazon Pharmacy and a affected person to physician messaging service known as Amazon Clinic.
One Medical, which was owned by San Francisco-based 1Life Healthcare Inc, has about 815,000 members and 214 medical workplaces in additional than 20 markets. Its membership-based service presents digital care in addition to in-person visits.
The 2 firms mentioned Wednesday that for the primary yr, membership can be accessible to new U.S. prospects for $144, a 28% low cost meant to lure new prospects.
Anti-monopoly teams have been calling on the Federal Commerce Fee to dam Amazon’s buy of the corporate, arguing it could endanger affected person privateness and provides the net retailer extra dominance within the market.
Final September, each One Medical and Amazon obtained a request for extra info from the FTC in reference to a assessment of the merger. FTC spokesperson Peter Kaplan mentioned the company will not convey forth a lawsuit to dam the merger. But it surely’s not ruling out any challenges sooner or later.
“The FTC’s investigation of Amazon’s acquisition of One Medical continues,” Kaplan mentioned in an announcement. “The fee will proceed to take a look at doable harms to competitors created by this merger in addition to doable harms to shoppers which will end result from Amazon’s management and use of delicate client well being info held by One Medical.”
The One Medical buy is the primary acquisition made below Amazon CEO Andy Jassy, who took over from founder Jeff Bezos in 2021 and sees well being care as a progress alternative for the corporate.
“Prospects need and deserve higher, and that is what One Medical has been working and innovating on for greater than a decade. Collectively, we consider we will make the well being care expertise simpler, sooner, extra private, and extra handy for everybody,” Jassy mentioned in an announcement.
The FTC can also be reviewing Amazon’s $1.65 billion deliberate buy of iRobot, which was introduced final August.
