What Amazon’s $3.9B One Medical Acquisition Means for Senior Living

Last week, retail and technology giant Amazon (Nasdaq: AMZN) announced it is acquiring One Medical, a tech-enabled primary care provider, for $3.9 billion. When I saw the news of Amazon’s latest acquisition, I was surprised by the staggering dollar amount, which is more than six times One Medical’s 2021 net revenue of $623.3 million. On […]

Amazon to Buy Primary Care Company One Medical for $3.9B, Accelerating Push Into Health Care

Retail giant Amazon (NASDAQ: AMZN) is buying One Medical, a tech-enabled primary care provider, in a cash transaction valued at about $3.9 billion. With the acquisition, Seattle-based Amazon is gaining a platform for users to schedule appointments, renew prescriptions and access health records. As of March 31, One Medical had about 767,000 members and a […]