One Medical

One Medical

Membership-based primary care with virtual services

About

One Medical provides a membership-based primary care service that focuses on making healthcare more accessible and convenient for individuals and employers. Patients pay an annual fee to access services such as same-day appointments and 24/7 virtual care, all managed through a mobile app that allows for easy appointment booking and communication with healthcare providers. This model combines in-person and virtual care, aiming to lower healthcare costs while enhancing the patient experience. One Medical differentiates itself from competitors by targeting tech-savvy urban populations and partnering with employers to offer these services as part of employee health benefits. The company's goal is to expand its presence in major metropolitan areas and increase its market share in the healthcare industry.

Company Stage

Acquired

Employees

1,001-5,000

Industries

Consumer Software, Healthcare

Total Funding

$544.8M

Headquarters

San Francisco, California

Founded

2007


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Simplify's Take

What believers are saying

  • Partnership with Cleveland Clinic could enhance credibility and expand service offerings.
  • Expansion into North Texas targets a growing urban market, boosting membership and revenue.
  • Collaboration with Nava Benefits strengthens position in the employer benefits market.

What critics are saying

  • Scrutiny over call center practices could damage reputation and lead to regulatory issues.
  • Job cuts may reduce service quality and lead to customer dissatisfaction.
  • Cost-cutting measures to save $100 million may impact service delivery.

What makes One Medical unique

  • One Medical offers a hybrid model combining in-person and virtual care services.
  • The company provides seamless integration with a mobile app for easy healthcare access.
  • Partnerships with employers enhance One Medical's reach in the corporate benefits market.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

12%

2 year growth

25%

Benefits

Paid sabbatical for your 5th and 10th year

Paid health, vision, and dental insurance

PTO cash out program lets you get cash for up to 40 accrued PTO hours each year

Free One Medical memberships for you and three friends or family members

Pre-tax commuter benefits

Paid maternity and paternity leave at 100% of your base salary

Credit towards childcare

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