Amazon Sets Off Alarm Bells With ‘Dangerous’ $3.9 Billion Bid to Buy Healthcare Chain

Amazon Sets Off Alarm Bells With ‘Dangerous’ $3.9 Billion Bid to Buy Healthcare Chain
A view of a One Medical office on July 21, 2022 in Oakland, California. Amazon announced plans to acquire health provider One Medical for an estimated $3.9 billion. Photo by Justin Sullivan/Getty Images
Updated:
In a move described by some political figures and privacy advocates as “dangerous,” Amazon said it agreed to a $3.9 billion all-cash deal to buy One Medical, a San Francisco-based private health services provider.
If completed, the deal will give Amazon access to One Medical’s 188 primary care practices and its 767,000 members, who pay approximately $200 in concierge fees annually to access the provider’s services, CNBC reported.
Michael Nevradakis, The Defender
Michael Nevradakis, The Defender
Author
Michael Nevradakis, Ph.D., is an independent journalist and researcher based in Athens, Greece. He completed his Ph.D. in media studies at the University of Texas in 2018 and holds a master's degree in public policy from Stony Brook University.
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