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

Consulting, Healthcare

Total Funding

$544.8M

Headquarters

San Francisco, California

Founded

2007


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Simplify's Take

What believers are saying

  • Increased demand for telehealth aligns with One Medical's virtual care offerings.
  • Employer-sponsored healthcare benefits boost demand for One Medical's services.
  • Expansion into beauty and wellness services presents new revenue opportunities.

What critics are saying

  • Competition from Amazon's health and beauty services may divert One Medical's customers.
  • Scrutiny over call center practices could harm One Medical's reputation.
  • Office closures in major cities may disrupt operations and affect morale.

What makes One Medical unique

  • One Medical offers a hybrid model combining in-person and virtual healthcare services.
  • The company focuses on a membership-based system for personalized and accessible care.
  • One Medical integrates technology to enhance patient experience and streamline healthcare processes.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

3%

2 year growth

1%

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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