
One Medical is owned by Amazon.com Inc. (NASDAQ: AMZN), a publicly traded American multinational technology company headquartered in Seattle, Washington. Amazon acquired One Medical's parent company, 1Life Healthcare Inc., in February 2023 for approximately $3.9 billion. One Medical operates as Amazon's primary care division, maintaining its headquarters in San Francisco, California, with nearly 240 offices across more than 20 U.S. markets.
Parent Company
Acquired
2023
Status
Publicly Traded
Headquarters
| Brand | Parent Company | Ownership Type |
|---|---|---|
| One Medical | Amazon.com Inc. | Wholly owned |
One Medical was founded in 2007 by Tom Lee, a physician and entrepreneur, in San Francisco, California. Lee's founding thesis was that the primary care experience in the United States was fundamentally broken. Patients faced long waits for appointments, rushed visits with physicians, and fragmented care coordination. One Medical was designed to address these problems through a membership-based model that charged patients an annual fee in exchange for enhanced access, including same-day and next-day appointments, extended visit times, and 24/7 virtual care.
The original One Medical model charged patients an annual membership fee of approximately $199, separate from insurance copays. This fee covered the enhanced access and service features that differentiated One Medical from traditional physician offices. The membership model allowed One Medical to maintain a lower patient-to-physician ratio, enabling longer appointment times and same-day access.
One Medical opened its first offices in San Francisco and expanded to New York City in 2009. The company's growth strategy focused on major metropolitan markets with high concentrations of employer-sponsored health insurance. One Medical's membership model was particularly well-suited to employer benefit programs, where companies paid the annual membership fee on behalf of employees. This employer channel became One Medical's primary growth driver. Large technology companies, financial services firms, and other employers in major cities signed enterprise agreements to provide One Medical memberships to their workforces.
Throughout the 2010s, One Medical expanded to additional major markets including Boston, Washington D.C., Los Angeles, Chicago, and Seattle. The company also developed its technology platform, including a proprietary electronic health record system and a patient-facing app that enabled appointment scheduling, messaging with care teams, and virtual care visits.
One Medical acquired Iora Health in September 2021 for approximately $2.1 billion. Iora Health was a primary care company focused on Medicare Advantage patients, a demographic that One Medical had not previously served at scale. The Iora acquisition significantly expanded One Medical's patient base and introduced the company to the Medicare Advantage market, where primary care practices can generate higher per-patient revenue through value-based care arrangements.
One Medical went public in January 2020, trading on NASDAQ under the ticker symbol ONEM. The IPO raised approximately $245 million at a valuation of approximately $1.7 billion. The company's public market performance was volatile. The stock reached a peak of approximately $45 per share in early 2021 before declining significantly as investor enthusiasm for healthcare technology companies cooled.
Amazon announced its intention to acquire One Medical in July 2022. The acquisition was completed on February 22, 2023, following regulatory review. Under Amazon ownership, One Medical has continued to expand its office network. By 2024, One Medical operated nearly 240 primary care offices in more than 20 U.S. markets, including new locations in Milwaukee, Wisconsin, and Hackensack, New Jersey.
Amazon has integrated One Medical into its Prime membership ecosystem. Amazon Prime members can access One Medical memberships at a discounted rate of $9 per month or $99 per year, compared to the standard $199 annual fee. This integration leverages Amazon's approximately 200 million Prime subscribers as a patient acquisition channel.
In 2025 and 2026, One Medical continued to expand its footprint under Amazon's ownership. The brand has focused on integrating its services with Amazon Pharmacy, allowing patients to receive prescriptions through Amazon's digital pharmacy platform. Amazon has also invested in expanding One Medical's virtual care capabilities, building on the telehealth infrastructure that proved critical during and after the COVID-19 pandemic.
What does Amazon own?
Amazon owns Amazon Web Services, Whole Foods Market, Ring, Twitch, Amazon MGM Studios, Alexa, Amazon Prime, Kindle, Fire TV, and Amazon Logistics. The company also owns Zoox, an autonomous vehicle company, and One Medical, a primary healthcare provider. Amazon has made over 120 acquisitions since its founding.
Is Amazon publicly traded?
Yes. Amazon trades on NASDAQ under the ticker symbol AMZN. The company has been publicly traded since its IPO in May 1997 at $18 per share.
Who founded Amazon?
Jeff Bezos founded Amazon in July 1994 in Bellevue, Washington. He initially started the company as an online bookstore. Bezos served as CEO until July 2021, when Andy Jassy succeeded him. Bezos remains executive chairman.
Where is Amazon headquartered?
Amazon is headquartered in Seattle, Washington, USA. The company's corporate offices are in the South Lake Union neighborhood. Amazon has major offices and fulfillment centers across the United States and internationally.
How many brands does Amazon own?
Amazon owns approximately 10 major brands including Amazon, AWS, Whole Foods, Ring, Twitch, Alexa, Amazon Prime, Amazon MGM Studios, Kindle, and Fire TV. The company has made over 120 acquisitions, many of which have been integrated into its existing operations.
Who owns Amazon?
Amazon is a publicly traded company with no single controlling shareholder. Jeff Bezos is the largest individual shareholder, holding approximately 9% of outstanding shares. Institutional investors including Vanguard Group, BlackRock, and State Street are among the largest holders. All shares carry equal voting rights.
What is Amazon's revenue?
Amazon reported FY2025 net sales of $716.9 billion, up 12% year over year. Net income was $77.7 billion, or $7.17 per diluted share. AWS contributed $128.7 billion in revenue, growing 20% year over year.
What antitrust cases is Amazon facing?
The U.S. Federal Trade Commission and 17 states filed an antitrust lawsuit in September 2023 alleging Amazon maintains monopoly power in its online marketplace. The case is ongoing. The EU has also investigated Amazon's marketplace practices, and the Digital Markets Act imposes obligations on Amazon as a gatekeeper.
One Medical operates within Amazon's broader corporate responsibility framework. Amazon has committed to The Climate Pledge, aiming for net-zero carbon emissions across global operations by 2040. One Medical's physical clinics and operations are integrated into Amazon's overall environmental sustainability strategy, including renewable energy usage and carbon reduction goals.
One Medical's telehealth and virtual care services contribute to environmental sustainability by reducing patient travel requirements. The brand's 24/7 virtual care platform and mobile app enable remote consultations that decrease transportation-related carbon emissions associated with healthcare delivery.
One Medical's ethical considerations center on patient care quality, data privacy, and healthcare equity. As a healthcare provider operating within Amazon's ecosystem, One Medical must comply with HIPAA regulations while leveraging Amazon's cloud infrastructure. The ethical use of patient data and AI-powered healthcare tools represents an important consideration in One Medical's service delivery model.
One Medical's membership-based model has faced criticism for creating healthcare equity issues. The annual membership fee may limit access for lower-income patients. The brand operates primarily in urban and suburban areas with high concentrations of insured, relatively affluent consumers, limiting its addressable market among lower-income and rural populations.
One Medical is not certified as a B Corporation. The brand has not published independent sustainability certifications specific to healthcare operations.
One Medical has been recognized within the healthcare technology sector for its innovative approach to primary care delivery. The brand's integration of physical clinics with telehealth services and mobile applications has been cited as an example of digital health transformation, particularly following its acquisition by Amazon.
Prior to Amazon's acquisition, One Medical received recognition as an innovative healthcare company disrupting traditional primary care models. The company's IPO in January 2020 and subsequent growth trajectory attracted attention from healthcare industry publications and investors.
One Medical has received positive recognition for patient experience improvements, including reduced wait times, same-day appointments, and enhanced communication through digital platforms. These innovations have been highlighted in healthcare industry publications as examples of how technology can improve healthcare delivery.
Following Amazon's acquisition, One Medical has gained recognition for its potential integration with Amazon's broader healthcare ecosystem, including Amazon Pharmacy and other health-related services. Healthcare industry analysts have noted the significance of this integration in the convergence of technology and healthcare delivery.
One Medical has also been recognized as an innovative workplace within the healthcare sector, particularly for its integration of technology into clinical workflows and its approach to healthcare provider work environments.
In December 2024, a lawsuit was filed by an Alameda County family alleging that a 45-year-old father of two died shortly after a video consultation with One Medical. The lawsuit claims that poor quality virtual care led to the patient's death. This case represents the most serious controversy facing the brand and raises questions about the safety and effectiveness of telehealth services for acute medical conditions. The case is ongoing.
Leaked documents revealed that One Medical was handling patient care through call center staffers with little to no medical training, putting more than a dozen patients' safety at risk. This controversy, reported by PBS NewsHour, raised concerns about the delegation of medical care to unqualified personnel and the potential for misdiagnosis or inappropriate medical advice in a telehealth setting.
Multiple medical malpractice cases have been filed against One Medical, with the company agreeing to pay $3.1 million in settlements. These cases have raised concerns about the quality of care provided through One Medical's clinics and virtual services, particularly regarding the adequacy of medical assessment and diagnosis in telehealth consultations.
Following Amazon's acquisition, One Medical faced criticism for reducing clinical staff while expanding telehealth services. These staffing reductions have been cited by healthcare professionals as potentially compromising patient safety and care quality. The balance between operational efficiency and patient care quality remains an ongoing concern.
One Medical's acquisition by Amazon has sparked broader controversy about the appropriateness of technology companies operating healthcare services. Healthcare professionals and patient advocates have expressed concerns about potential conflicts between Amazon's business objectives and patient care priorities. The Federal Trade Commission's scrutiny of the acquisition reflects these broader regulatory concerns.
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Amazon | USA | 2020 | Mass market | United states | All Genders | |
| Amazon | USA | 2006 | Mass market | Global | All-ages | |
| Walmart | USA | 2019 | Mass market | United states | All Genders |
Healthcare PharmaceuticalsOwned by Amazon.com Inc.
Amazon's online pharmacy service offering prescription medications and home delivery, operating as a division of Amazon.com Inc.
Media EntertainmentOwned by Amazon.com Inc.
Subscription-based video streaming service offering movies, TV shows, and original content as part of Amazon Prime membership.
Healthcare PharmaceuticalsOwned by Walmart Inc.
Walmart's former retail healthcare clinic initiative launched in 2019 and shut down in May 2024 after the company determined the business model was not financially sustainable. In 2026, some former clinic sites were repurposed for clinical research through a partnership with Care Access.
Market Positioning: One Medical competes with 3 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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Healthcare PharmaceuticalsOwned by IBSA Institut Biochimique S.A.
IBSA Institut Biochimique SA's branded levothyroxine softgel capsule (Tirosint) and liquid solution (Tirosint-SOL), FDA approved for hypothyroidism, formulated without dyes, gluten, lactose, alcohol, or sugar, providing an excipient-free alternative to conventional levothyroxine tablets for patients with sensitivities or absorption issues.
Tirosint is privately owned, unlike One Medical which is under a publicly traded parent company.
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