Amazon closes $3.9B buyout of health company One Medical

Amazon closes $3.9B buyout of health company One Medical

SeattlePI.com

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Amazon has closed its $3.9 billion acquisition of the primary care organization One Medical. The health company runs a membership-based service offers virtual care as well as in-person visits. And the two companies said Wednesday membership to the service will be available to new U.S. customers for $144 – a 28% discount - for the first year. The Federal Trade Commission had been doing a review of the buyout. Though it hasn’t brought forth a lawsuit to block the merger, an agency spokesperson says its not ruling out any challenges in the future. The FTC is also reviewing Amazon’s $1.65 billion purchase of iRobot, which was announced last August.

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