One Medical
Financials
Estimates*
USD | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|
Revenues | 213m | 276m | 380m | 623m | 1.1b | 1.4b |
% growth | - | 30 % | 38 % | 64 % | 71 % | 29 % |
EBITDA | - | (25.0m) | (13.0m) | (34.0m) | (122m) | (83.0m) |
% EBITDA margin | - | (9 %) | (3 %) | (5 %) | (11 %) | (6 %) |
Profit | - | (52.0m) | (88.0m) | (255m) | (353m) | (335m) |
% profit margin | - | (19 %) | (23 %) | (41 %) | (33 %) | (24 %) |
EV / revenue | - | - | 15.6x | 5.4x | 1.9x | - |
EV / EBITDA | - | - | -456.5x | -98.7x | -16.5x | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | N/A | $570k | Series A |
$3.5m | Series B | ||
* | $8.0m | Series C | |
* | $15.0m | Series D | |
* | $20.0m | Series E | |
* | $30.0m | Series F | |
* | $40.0m | Growth Equity VC | |
$28.0m | Series C | ||
* | $65.0m | Late VC | |
N/A | Secondary | ||
* | $350m Valuation: $1.0b | Growth Equity VC | |
* | N/A | $245m Valuation: $1.7b 6.2x EV/LTM Revenues -68.0x EV/LTM EBITDA | IPO |
* | $3.9b Valuation: $3.9b 6.3x EV/LTM Revenues -114.7x EV/LTM EBITDA | Acquisition | |
Total Funding | €509m |
Recent News about One Medical
Edit1Life Healthcare, operating under the brand One Medical, is a membership-based primary care service that aims to make healthcare more accessible and convenient. The company primarily serves individual patients and employers who offer One Medical as a benefit to their employees. One Medical operates in the healthcare market, specifically focusing on primary care, which is the first point of contact for patients seeking medical attention.
One Medical's business model revolves around a membership system. Individuals pay an annual fee to access One Medical's services, which include same-day appointments, 24/7 virtual care, and seamless integration with a mobile app. This app allows patients to book appointments, renew prescriptions, and communicate with their healthcare providers. Additionally, One Medical partners with employers to provide these services as part of employee health benefits packages.
The company generates revenue through membership fees from individual clients and contracts with employers. By offering a combination of in-person and virtual care, One Medical aims to reduce the overall cost of healthcare while improving the patient experience. This hybrid model is designed to attract tech-savvy individuals and companies looking for innovative healthcare solutions.
One Medical operates in major metropolitan areas across the United States, targeting urban populations that value convenience and technology in healthcare. The company has been expanding its footprint through strategic partnerships and acquisitions, aiming to increase its market share in the competitive healthcare industry.
In summary, One Medical is a forward-thinking healthcare provider that combines traditional primary care with modern technology to offer a more efficient and patient-friendly experience. Its revenue streams are diversified between individual memberships and corporate partnerships, positioning it well for growth in the evolving healthcare landscape.
Keywords: primary care, membership-based, virtual care, healthcare technology, patient experience, employer partnerships, urban markets, hybrid model, cost reduction, healthcare innovation.