--- title: "Google Cuts Ties With Amazon-Owned One Medical, But Clarifies It Is Not Due To E-Commerce Giant's $3.9B Acquisition" description: "Google has ended its business relationship with One Medical, a healthcare provider acquired by Amazon. Google was One Medical's largest business client, but the decision to terminate the agreement is " type: "news" locale: "en" url: "https://longbridge.com/en/news/209984913.md" published_at: "2024-07-27T02:20:27.000Z" --- # Google Cuts Ties With Amazon-Owned One Medical, But Clarifies It Is Not Due To E-Commerce Giant's $3.9B Acquisition > Google has ended its business relationship with One Medical, a healthcare provider acquired by Amazon. Google was One Medical's largest business client, but the decision to terminate the agreement is not related to Amazon's ownership. One Medical centers on Google's campus have already transitioned to Premise Health. The termination comes amid leadership changes and job cuts at One Medical. **Alphabet Inc.'s** GOOG GOOGL **Google** has severed its business ties with One Medical, a primary healthcare provider acquired by **Amazon.com Inc.** AMZN for $3.9 billion. **What Happened**: Google, previously One Medical’s largest business client, has decided to terminate its enterprise agreement with the healthcare company following Amazon’s acquisition of One Medical last year, reported Business Insider. The agreement, which offered Google employees discounted or free One Medical memberships and operated One Medical care centers at some Google office locations, is set to expire at the end of 2024. Google was an early supporter of One Medical and was its largest business customer for many years. Until 2020, One Medical disclosed that Google accounted for 10% of its net revenue. In 2021, that dipped below 10%, and then One Medical stopped publicly sharing financials after Amazon acquired it. **See Also: Gilead’s $42.5K Priced HIV Drug Could Be Made At Just $40 Annually** A Google spokesperson confirmed to the publication that the existing relationship with One Medical is changing after 2024 but stressed that the decision has nothing to do with Amazon’s new ownership of the healthcare provider. The existing One Medical centers on Google’s campus have already transitioned to Premise Health to provide more services like pharmacy, gynecology, and coordinated care on-site, the spokesperson added. An Amazon spokesperson told Business Insider that Google employees and their dependents will continue to have One Medical memberships “sponsored” by their employer through the end of 2024. **Why It Matters**: The termination of Google’s business relationship with One Medical comes amid significant changes within the healthcare provider. In September, CEO **Amir Dan Rubin** stepped down from One Medical after six years at the helm, a little over a year after Amazon’s acquisition. This leadership shift was followed by major job cuts in February, as part of a cost-saving initiative aiming to save One Medical $100 million. **Read Next:** - **Apple Drops From 3rd To 6th In China Amid Intensifying Competition, Huawei Shipments Surge 41% In Q2: Report** ***Disclaimer:*** *This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.* *Photo courtesy: Amazon* ### Related Stocks - [GOOGL.US - Alphabet](https://longbridge.com/en/quote/GOOGL.US.md) - [GOOG.US - Alphabet - C](https://longbridge.com/en/quote/GOOG.US.md) - [AMZN.US - Amazon](https://longbridge.com/en/quote/AMZN.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | TFB Advisors LLC Sells 8,020 Shares of Alphabet Inc. $GOOGL | TFB Advisors LLC has reduced its stake in Alphabet Inc. (NASDAQ: GOOGL) by 38.3%, selling 8,020 shares during Q3, leavin | [Link](https://longbridge.com/en/news/276048088.md) | | Amazon Put Options at Lower Strike Prices High High Yields | Amazon Put Options at Lower Strike Prices High High Yields | [Link](https://longbridge.com/en/news/276073960.md) | | Alphabet or Palantir: Cathie Wood Loads Up on One High-Conviction AI Stock | Cathie Wood has increased her investment in Alphabet (GOOGL) while reducing her stake in Palantir (PLTR), reflecting her | [Link](https://longbridge.com/en/news/276073388.md) | | SVB Wealth LLC Reduces Stake in Alphabet Inc. $GOOG | SVB Wealth LLC reduced its stake in Alphabet Inc. (NASDAQ:GOOG) by 4.8% in Q3, now holding 108,273 shares valued at $26. | [Link](https://longbridge.com/en/news/276050518.md) | | Stratos Wealth Partners LTD. Buys 13,356 Shares of Alphabet Inc. $GOOG | Stratos Wealth Partners LTD. increased its stake in Alphabet Inc. (NASDAQ:GOOG) by 6.7% in Q3, acquiring 13,356 shares, | [Link](https://longbridge.com/en/news/276050515.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.