One Medical
2023
$3.9B
Why
Amazon acquired One Medical for $3.9 billion to enter membership-based primary care and connect healthcare access with Amazon Pharmacy, Prime benefits, and broader consumer services.
Impact
One Medical expanded Amazon's healthcare ambitions with physical clinics, employer relationships, and a recognized primary-care brand. Healthcare regulation, provider economics, and patient trust make the outcome less predictable than retail or cloud expansion, but the acquisition positions Amazon to build an integrated care-and-commerce model over time.
Outcome
One Medical now operates as part of Amazon's health services division, offering Prime members discounted membership rates and same-day appointments integrated with Amazon Pharmacy delivery.