One Medical provides on-site laboratories, in-office and round-the-clock virtual care services, as well as programmes for preventive care, common illnesses, chronic care management, and mental health concerns
One Medical acquired by Amazon. (Credit: Michael Rivera/Wikipedia.org)
Amazon has wrapped up its previously announced $3.9bn acquisition of One Medical, a membership-based technology-powered primary care provider in the US.
The all-cash deal was announced in July 2022.
Following the closing of the deal, shareholders of the primary care organisation will be paid $18 per share by Amazon.
One Medical provides on-site laboratories, in-office, and round-the-clock virtual care services, as well as programmes for preventive care, common illnesses, chronic care management, and mental health concerns.
Amazon said that One Medical’s membership is currently offered to new US customers at 28% discount for a limited time. The current charges are $144 for the first year or the equivalent of $12 per month.
One Medical CEO Amir Rubin said: “One Medical has been on a mission to help transform health care through its human-centred and technology-powered model to delight people with better health, better care, and better value, within a better team environment.
“We now set our sights on delivering even further positive impacts for consumers, employers, care teams, and health networks, as we join Amazon with its long-term orientation, history of invention, and passion for reimagining a better future.”
One Medical offers virtual care services through its app which features video chats and easy in-app messaging. The app is said to provide easy access to prescription renewals, vaccine and medical records, specialty referrals, and lab results.
Amazon health services senior vice president Neil Lindsay said: “We’re on a mission to make it dramatically easier for people to find, choose, afford, and engage with the services, products, and professionals they need to get and stay healthy, and coming together with One Medical is a big step on that journey.
“One Medical has set the bar for what a quality, convenient, and affordable primary care experience should be like. We’re inspired by their human-centered, technology-forward approach and excited to help them continue to grow and serve more patients.”
One Medical has clinical and digital integration with hospital networks across the US for easier access and better care coordination for primary and specialty care services.
In November 2022, Amazon launched Amazon Clinic, a virtual health service in the US to provide treatment for more than 20 common health conditions, including allergies, hair loss, and acne.