Google Cuts Ties With Amazon-Owned One Medical, But Clarifies It Is Not Due To E-Commerce Giant's $3.9B Acquisition
Portfolio Pulse from Rounak Jain
Google has ended its business relationship with One Medical, a primary healthcare provider acquired by Amazon for $3.9 billion. The decision is not related to Amazon's acquisition. Google employees will continue to have One Medical memberships through the end of 2024, after which the existing One Medical centers on Google's campus will transition to Premise Health.
July 27, 2024 | 2:20 am
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NEUTRAL IMPACT
Google has ended its business relationship with One Medical, a healthcare provider acquired by Amazon. The decision is not related to Amazon's acquisition. Google employees will continue to have One Medical memberships through 2024.
The termination of the business relationship with One Medical by Google is not related to Amazon's acquisition. This may have a neutral short-term impact on Amazon's stock price as the existing memberships will continue through 2024.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Google has decided to end its business relationship with One Medical, a healthcare provider acquired by Amazon. This decision is not related to Amazon's acquisition. Google employees will continue to have One Medical memberships through 2024.
The termination of the business relationship with One Medical may have a neutral short-term impact on Google's stock price as the decision is not related to Amazon's acquisition and Google employees will continue to have memberships through 2024.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Google has decided to end its business relationship with One Medical, a healthcare provider acquired by Amazon. This decision is not related to Amazon's acquisition. Google employees will continue to have One Medical memberships through 2024.
The termination of the business relationship with One Medical may have a neutral short-term impact on Google's stock price as the decision is not related to Amazon's acquisition and Google employees will continue to have memberships through 2024.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80