Amazon has agreed to acquire primary healthcare provider One Medical in an all-cash deal worth $3.9 billion, the two companies announced on Thursday.
The deal, which is valued at around $18 a share, gives the Seattle-based retail giant a bigger foothold in the healthcare space.
In 2020, Amazon opened an online drug store that allows customers to order medication or prescription refills, and have them delivered to their front door in a couple of days.
Last year, it began offering its Amazon Care telemedicine program to employers nationwide.
One Medical, which is known as “the Netflix of primary care,” went public in 2020.
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