Amazon Strikes $3.5 Billion Deal for One Medical in Long March Into US Healthcare

Amazon Strikes $3.5 Billion Deal for One Medical in Long March Into US Healthcare
The logo of Amazon at the company's logistics center in Bretigny-sur-Orge, near Paris, on Dec. 7, 2021. Gonzalo Fuentes/Reuters
|Updated:

Amazon.com Inc on Thursday agreed to buy primary care provider One Medical for $3.49 billion, expanding the e-commerce giant’s virtual healthcare and adding brick-and-mortar doctors’ offices for the first time.

The all-cash deal would combine two relatively small players as Amazon continues a years-long march into U.S. healthcare, seeking to grow at a faster pace.