HomeUSAAmazon to Acquire One Medical

Amazon to Acquire One Medical

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Amazon (NASDAQ:AMZN) is to acquire One Medical (NASDAQ:ONEM), a San Francisco, CA-based human-centered, technology-powered national primary care organization on a mission to make care affordable, accessible, and enjoyable through a combination of in-person, digital, and virtual care services that are convenient to where people work, shop, and live.

Amazon will acquire One Medical for $18 per share in an all-cash transaction valued at approximately $3.9 billion, including One Medical’s net debt.

Completion of the transaction is subject to customary closing conditions, including approval by One Medical’s shareholders and regulatory approval.

On completion, Amir Dan Rubin will remain as CEO of One Medical.

Amir Dan Rubin, CEO, One Medical is a U.S. national human-centered and technology-powered primary care organization which combines in-person care in inviting offices across the country with digital health and virtual care services, making it easier for patients to schedule appointments, renew prescriptions, access up-to-date health records, and advance health outcomes.

Headquartered in San Francisco, 1Life Healthcare, Inc. is the administrative and managerial services company for the affiliated One Medical physician-owned professional corporations that deliver medical services in-office and virtually. 1Life and the One Medical entities do business under the “One Medical” brand.

FinSMEs

21/07/2022

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