Amazon acquires One Medical for $3.9B

Amazon is taking a $3.9 billion step toward expanding its primary care options this morning with the acquisition of One Medical.

One Medical is a publicly traded, membership-based primary care practice offering virtual and brick-and-mortar services to commercially insured patients.

The deal was announced before the stock market opened. One Medical, which closed at $10.18 per share yesterday, is trading nearly 70% higher as of press…