Amazon.com acquires One Medical (1Life Healthcare, Inc.)

Amazon.com acquired One Medical (1Life Healthcare, Inc.) for $3.9 billion, a transaction completed in February 2023, structured as all cash.

One Medical (1Life Healthcare, Inc.) operates in Health Services, is based in San Francisco, California, USA. Amazon acquired One Medical, a membership-based primary-care provider operating in-person and virtual clinics. The purchase gave Amazon a national network of primary-care offices and a technology-driven care model to build out Amazon Health Services. One Medical continued operating under its brand.

Reinvent the healthcare experience by reducing friction in booking, waiting for and accessing primary care.

Booking an appointment, waiting weeks or even months to be seen, taking time off work, driving to a clinic, finding a parking spot, waiting in the waiting room then the exam room for what is too often a rushed few minutes with a doctor - we see lots of opportunity to both improve the quality of the experience and give people back valuable time in their days.Neil Lindsay, SVP of Amazon Health Services

Advisory firms were not disclosed for this transaction.

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