January 6, 2020
After months of rumors, the tech-enabled primary care provider One Medical has filed for an IPO. The company has tapped JP Morgan and Morgan Stanley to act as the lead bookrunning managers for the proposed offering.
While the stock price is not yet set, the company's SEC filing revealed that it is looking to raise around $100 million in the offering. The company plans to list itself on the...
October 8, 2019
2019 has been the year of the digital health IPO. Reports are now circulating that tech-enabled primary care provider One Medical could be on deck.
CNBC reports that the startup has hired JP Morgan and Morgan Stanley ahead of its IPO, according to sources "familiar with the matter." When MobiHealthNews reached out to One Medical, the company declined to comment.
One Medical is a primary care...
February 14, 2018
When Suneel Gupta founded Rise Health in 2013, his inspiration was his father. He shared with MobiHealthNews that he started the digital health company after seeing his father struggle with making lifestyle changes after a triple bypass surgery. But for Gupta's latest endeavor — a Democratic run for Michigan's hotly-contested 11th District — it's his mother who serves as his inspiration.
September 9, 2016
This year is shaping up to be a big one for acquisitions, if not for the money (many are for undisclosed amounts) but for sheer volume. We’ve seen 30 so far, and with a little over three months to go, 2016 may well end up eclipsing 2015’s total of 37 deals. Rather than just list the companies, we've broken them down into different categories based on who the acquirer is, to try to outline some...
June 16, 2016
If you had followed direct-to-consumer nutrition coaching startup Rise Health from its founding in 2013, it wouldn't surprise you that the company would end up being acquired by a primary care provider. That's because the company was founded to solve a healthcare problem, Rise Co-founder and CEO Suneel Gupta explained to the audience at the MobiHealthNews 2016 event in San Francisco last week....
February 5, 2016
Concierge doctor service One Medical Group has acquired nutrition coaching app maker Rise for $20 million, the Wall Street Journal is reporting.
With physical locations in seven cities, One Medical Group offers patients a digital-friendly doctor experience. Patients pay a yearly fee on top of their normal insurance copays to get perks from the provider including email access to the doctor,...
December 8, 2015
Concierge healthcare provider One Medical Group has raised $65 million in a round led by J.P. Morgan Asset Management, which made the investment on behalf of PEG Digital Growth Fund II and AARP Innovation Fund. Existing investors include Redmile Group, Benchmark, DAG Ventures, Maverick Capital, Oak Investment Partners, and Google Ventures. This brings the company's total funding to at least $182...
May 19, 2015
Concierge healthcare provider One Medical Group, which has practices in seven cities around the US, has added a new feature to the iOS version of its app, called One Medical Mobile, that allows patients to get treatment for basic skin issues directly from the app.
One Medical Mobile already allows patients to receive treatments for other basic conditions like UTIs, seasonal allergies, and yeast...
April 2, 2015
Google Ventures, the early-stage investment arm of Google, has invested about 30 percent of its fund into health startups, according to Krishna Yeshwant, one of its general partners. The fund receives $300 million a year from its parent company. Yeshwant, who is also a practicing physician, discussed Google Ventures' digital health investments at the HxRefactored 2015 event in Boston this week....
October 13, 2014
About a year ago when Google launched its video chats service and directory Helpouts, which connects people to experts in a wide variety of fields, reports emerged that the search giant was now offering video visits with doctors.
Soon after Helpouts' launch, tech-savvy primary care provider One Medical Group's CEO Dr. Tom Lee told VentureBeat that his company was working with...