CNBC July 21, 2022
Annie Palmer

Key Points

– On Thursday, Amazon said it will buy primary-care provider One Medical for $3.9 billion.

– Amazon’s three biggest acquisitions ever are a grocery chain, a movie studio and a health company.

– These deals show the company’s willing to spend big to grow fast in new businesse areas it’s identified as strategic growth opportunities.

Amazon still makes most of its revenue from orders placed through its online stores, and most of its profit from its cloud computing arm. Both of those businesses were built almost entirely in house.

But Amazon’s largest acquisitions show the company is willing to buy growth in markets that are adjacent to its core competencies.

On Thursday, Amazon said it will buy One...

Today's Sponsors


Today's Sponsors

Institute for Healthcare Improvement
Crossover Health

Today's Sponsor

Institute for Healthcare Improvement

Topics: Mergers & Acquisitions / JV, Provider, Retailer, Trends
Analysis: Amazon-One Medical deal puts $4B spotlight on primary care convenience, but doesn’t threaten health systems
Amazon to acquire One Medical for $3.9 billion in a bold bet on primary care
What Amazon’s $3.9B Acquisition of One Medical Means for Behavioral Health
Amazon Agrees to Buy Primary Care Company One Medical for $3.9B
Amazon to Buy Virtual, In-Person Primary Care Provider One Medical for $3.9B