Amazon Passes Through Regulatory Hurdle in Plan to Acquire One Medical

Amazon cleared a regulatory hurdle in Oregon as it advances its plans to acquire primary care provider One Medical. 

The Oregon Health Authority approved the deal in late December, saying it’s unlikely to substantially decrease access to affordable healthcare in the state. One Medical currently operates five clinics in the Portland metro region.

However, the agency did provide conditions for the acquisition’s approval. It will require the tech and retail giant to report information about the services it provides, the quality of care, and any governance or organizational changes every six months for five years after the deal. The OHA will also conduct follow-up analyses for several years after the acquisition closes. 

Read the source article at mobihealthnews.com