Amazon’s proposed $3.9 billion deal to buy One Medical overcame an obstacle when Oregon regulators approved the deal last week.
The Oregon Health Authority deleted the Amazon-One Medical transaction on December 28. The regulator concluded that the acquisition would not affect accessibility and costs for Oregonians and excluded viewing a more comprehensive review as One Medical operates only five primary care clinics and treats a select number of patients in the Beaver State.
Last July, Amazon announced its intent to acquire One Medical, a membership-based primary care facility that provides virtual and in-person services to commercially insured patients. The companies are awaiting approval from the Federal Trade Commission, which is reviewing the all-cash deal.
If the acquisition is successful, the Oregon Health Authority will conduct follow-up analysis within five years to determine if the acquisition affects quality, accessibility, affordability, and publicity. equal or not, according to the agency. In the meantime, Amazon and One Medical will be required to provide the state with reports every six months detailing the services they provide, the groups of patients they serve, and the changes they make in management. corporate value, if any.
Despite approving the agreement and emphasizing One Medical’s limited presence in the state, the Oregon Health Authority expressed concern that the provider could drain patients with commercial insurance, which tends to pay higher rates than Medicare and Medicaid, from other providers, which can be financially impactful. disadvantageous to those competitors.
