Amazon steps up health care ambitions with $3.9B acquisition of One Medical

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(Image credit: KAZUHIRO NOGI/AFP via Getty Images)

Amazon has reached a deal to buy health-care company and primary care provider One Medical for $3.9 billion, including debt, The Wall Street Journal reports Thursday.

The all-cash purchase, coming in at $18 a share, is just Amazon's "latest foray into the healthcare space," the Journal writes.

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Brigid Kennedy

Brigid Kennedy worked at The Week from 2021 to 2023 as a staff writer, junior editor and then story editor, with an interest in U.S. politics, the economy and the music industry.