{"id":84870,"date":"2023-02-23T15:45:12","date_gmt":"2023-02-23T15:45:12","guid":{"rendered":"https:\/\/www.africa-press.net\/kenya\/all-news\/amazon-closes-3-9-billion-deal-to-buy-primary-care-service-company-one-medical"},"modified":"2023-02-23T16:33:53","modified_gmt":"2023-02-23T16:33:53","slug":"amazon-closes-3-9-billion-deal-to-buy-primary-care-service-company-one-medical","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/kenya\/all-news\/amazon-closes-3-9-billion-deal-to-buy-primary-care-service-company-one-medical","title":{"rendered":"Amazon closes $3.9 billion deal to buy primary care service company One Medical"},"content":{"rendered":"

Africa-Press – Kenya. <\/strong><\/span>Amazon announced Wednesday it completed the purchase deal to acquire primary care service firm One Medical, as the e-retailer raises its presence in the health care sector.<\/p>\n

The all-cash deal was announced in July to buy One Medical for $18 per share which was valued at $3.9 billion as the company had gone public in 2020.<\/p>\n

Amazon CEO Andy Jassy said in a statement that the deal will make the health care experience “easier, faster, more personal, and more convenient for everyone” and added: “If you fast forward 10 years from now, people are not going to believe how primary care was administered.”<\/p>\n

One Medical CEO Amir Dan Rubin said the deal will have further positive effects on consumers, employers, care teams and health networks.<\/p>\n

Members will have around-the-clock access through the One Medical app, providing more control of how they seek care and the ability to do so from home or on-the-go, according to Amazon.<\/p>\n

The company said One Medical membership will be available to new US customers for $144 for the first year, or $12 per month, for a limited time.<\/p>\n

One Medical has approximately 815,000 members with more than 200 medical offices across the US, according to its latest filing.<\/p>\n

The acquisition increases Amazon’s stronghold in the health care industry after expanding its telehealth service, Amazon Care, in 2021 and acquiring online pharmacy company PillPack in 2018 for $750 million.<\/p>\n

For More News And Analysis About Kenya<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Kenya. Amazon announced Wednesday it completed the purchase deal to acquire primary care service firm One Medical, as the e-retailer raises its presence in the health care sector. 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