Doctor Appointment Booking Service One Medical Raises $350 Million

By Dan Anderson ● August 23, 2018

One Medical is an intelligent primary care provider company that has announced an investment of up to $350 million by The Carlyle Group in 1Life Healthcare. 1Life Healthcare is the technology and management company behind One Medical.

With the funding, One Medical plans to double its offices and members across the U.S. in the next few years. One Medical will also extend service to additional consumers and employers and expand provider and clinical support teams. And the company will advance its technology platform.

One Medical has previously raised funding from companies such as Benchmark Capital, Google Ventures, Maverick, and JP Morgan.

“From the time of our founding by Dr. Tom X Lee, we have been on a mission to create an entirely new kind of primary care experience – one that starts with people. We call this real-life care. Through our incredible clinical team, technology platform and inviting and accessible medical offices, we simplify the complex world of care for members every day,” said One Medical CEO Amir Dan Rubin. “We believe that no detail is too small to make health care more effective, efficient and dare we say, enjoyable. Our latest plans are to bring this unique One Medical experience to more consumers and companies across the country and add fuel to our aggressive growth plans.”

One Medical recently announced its availability in San Diego and the company will soon service nine U.S. markets and relationships with more than 1,000 employers.

“We have the highest quality team of caring providers who love what they do, and they’ve come to One Medical because they believe this is the way health care should be delivered — no other organization is as attentive to the real-world experiences of patients and providers. Our intense focus on primary care means we work proactively to keep our members healthy and happy, handling the vast majority of their clinical concerns and engaging world-class specialists when needed, while preventing the harms of over-medicalization,” added One Medical’s National Medical Director Andrew Diamond, MD / PhD. “One Medical’s convenient care access and salaried model of primary care has supported health outcomes and cost savings that, when scaled further, can transform the performance of the U.S. health care system.”