Amazon has closed its $3.9 billion acquisition of membership-based healthcare supplier One Medical, which was initially introduced last summer. For the subscription (often $199 yearly however at the moment discounted to $144 per 12 months), One Medical presents members an app, 24/7 entry to on-demand telehealth companies over video, and assured same- or next-day appointments accessible by means of greater than 125 places of work.
The FTC, which is reportedly considering leveling an antitrust lawsuit in opposition to Amazon, has been investigating this deal in addition to others (like iRobot) made by the corporate. FTC spokesman Douglas Farrar mentioned to CNBC that the investigation into this acquisition is ongoing, and “The fee will proceed to take a look at doable harms to competitors created by this merger in addition to doable harms to customers which will outcome from Amazon’s management and use of delicate shopper well being info held by One Medical.”
Whereas Amazon is pumping up its deal closing with the quickly discounted price (which comes out to about $12 monthly by making use of a ONEAMAZON code), there’s nothing accessible but tying the healthcare service to its Amazon Prime bundle or anything. Amazon Well being Providers senior VP Neil Lindsay mentioned in a press launch saying the closing that “One Medical has set the bar for what a top quality, handy, and inexpensive main care expertise must be like. We’re impressed by their human-centered, technology-forward strategy and excited to assist them proceed to develop and serve extra sufferers.”
