Chattanooga Times Free Press

Amazon closes $3.9B purchase of One Medical

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Amazon said Wednesday it has closed its $3.9 billion acquisitio­n of the primary care organizati­on One Medical.

The e-commerce giant has said the buyout, which was announced in July, is a key component of its growing health care business, which includes its online drugstore Amazon Pharmacy and a patient to doctor messaging service called Amazon Clinic.

One Medical, which was owned by an Francisco-based 1Life Healthcare Inc, has about 815,000 members and 214 medical offices in more than 20 markets. Its membership-based service offers virtual care as well as in-person visits.

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.

Anti-monopoly groups have been calling on the Federal Trade Commission to block Amazon’s purchase of the company, arguing it would endanger patient privacy and give the online retailer more dominance in the marketplac­e.

Last September, both One Medical and Amazon received a request for additional informatio­n from the FTC in connection with a review of the merger. Though the agency hasn’t brought forth a lawsuit to block the merger, its not ruling out any challenges in the future.

“The FTC’s investigat­ion of Amazon’s acquisitio­n of One Medical continues,” FTC spokespers­on Peter Kaplan said in a statement. “The commission will continue to look at possible harms to competitio­n created by this merger as well as possible harms to consumers that may result from Amazon’s control and use of sensitive consumer health informatio­n held by One Medical.”

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