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One Medical recently announced it has received $350 million from private equity firm Carlyle Group. According to statements from One Medical, the organization plans to use the funds to double the number of offices it has, as well as expand its offerings into new markets.

One Medical—which started off using a direct-to-consumer model in its earlier days—today offers medical care for employees of Adobe and Uber, among other notable companies. Using the new funding, the organization hopes to create a platform that pulls data and medical history from multiple medical records to help ensure that consumers are receiving the best care possible. Currently, One Medical services consumers in the areas of Boston, Chicago, Los Angeles, New York City, Phoenix, the San Francisco bay area, Seattle/Bellevue, and Washington D.C.

One Medical Group, Inc. operates membership-based primary care practices, with services including primary care, same-day care, pediatrics and family medicine, integrative health, women’s health, prenatal care, onsite labs, travel health, and flue shots. The Carlyle Group is an American multinational private equity, alternative asset management, and financial services corporation.

This was reported by Tech Crunch on August 22, 2018.

Contact Information: One Medical Group, Inc., 489 5th Avenue, 3rd Floor, New York, New York 10017; (212) 530-2288; Website: www.onemedical.com

Contact Information: Christopher Ullman, Managing Director of Global Communications, Carlyle Group; (202) 729-5385; Email: media@carlyle.com; Website: www.carlyle.com 

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