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In its most recent entry into the health care industry, Amazon.com, Inc. (NASDAQ: AMZN) has agreed to purchase 1Life Healthcare Inc. (NASDAQ: ONEM), which runs a primary-care practice under the name One Medical, for $3.9 billion, including debt. What Happened: Amazon announced on Thursday that.
One Medical, the primary care organization, will be acquired by the e-commerce behemoth in a deal valued at roughly $3.9bn
One Medical (NASDAQ: ONEM) shares shot up nearly 70% on Thursday after Amazon.com Inc (NASDAQ: AMZN) said it will buy the tech-driven primary health care provider for $3.9 billion in cash, including debt.
In a major boost to its healthcare footprint, Amazon announced Thursday (July 21) it is acquiring primary care firm One Medical for $3.9 billion, adding another layer to the ecommerce giant's moves into connecting virtual visits and physical locations in its expanding presence in the sector.
Mark Mahaney, Evercore ISI, joins 'TechCheck' to discuss Mahaney's outlook for the Amazon deal with One Medical, comparing it to Amazon's deal for Whole Foods and more.
Yahoo Finance's Anjalee Khemlani discusses Amazon's acquisition of primary health care provider One Medical and the implications of the merger for patients and the industry.
Adrian Aoun, Forward founder and CEO, joins 'TechCheck' to discuss Amazon's decision to acquire One Medical, why he's critical of the decision, and more.
Retail behemoth Amazon is expanding its healthcare offerings with the acquisition of tech-powered primary care provider One Medical, according to the company Thursday (July 21). Amazon will acquire One Medical for $18 per share in an all-cash transaction valued at about $3.9 billion, including One Medical's net debt.
Amazon has agreed to acquire primary healthcare provider One Medical in an all-cash deal worth $3.9 billion, the two companies announced on Thursday.
The e-commerce giant is expanding its reach in the medical sector.