Categories Tech News
Amazon closes $3.9 billion buy of membership-based healthcare provider One Medical
February 22, 2023
Amazon has closed its $3.9 billion acquisition of membership-based healthcare provider One Medical, which was originally announced last summer. For the subscription (usually $199 annually but currently discounted to $144 per year), One Medical offers members an app, 24/7 access to on-demand telehealth services over video, and guaranteed same- or next-day appointments available through more than 125 offices.
The FTC, which is reportedly considering leveling an antitrust lawsuit against Amazon, has been investigating this deal as well as others (like iRobot) made by the company. FTC spokesman Douglas Farrar said to CNBC that the investigation into this acquisition is ongoing, and “The commission will continue to look at possible harms to…