1Life Healthcare, Inc. operates a membership-based primary care platform under the One Medical brand. The company has developed a healthcare membership model based on direct consumer enrollment, as well as third-party sponsorship. Its membership model includes seamless access to 24/7 digital health services paired with inviting in-office care routinely covered under health insurance programs. The company also offers administrative and managerial services pursuant to contracts with physician-owned professional corporations or One Medical Entities. As of December 31, 2021, it had 703,000 consumer and enterprise members, and 33,000 At-Risk members; 182 medical offices in 25 markets; and 8,500 enterprise clients in the United States. The company was incorporated in 2002 and is headquartered in San Francisco, California.

1Life Healthcare, Inc.

Iora Health

One Medical challenges the notion that delivering high-quality, accessible health care is unachievable and prohibitively expensive. In fact, we’re working to prove that just the opposite is possible — a system where quality care is affordable and available to everyone.

To bring this vision to life, we rely on people-centered design, smart application of technology, and a team of talented primary care providers who have the time and tools to make the right decisions. The integration of these elements allows us to offer a seamless experience that not only saves our patients time and money but also leads to better health outcomes and happier lives.

Benchmark

J.P. Morgan Asset Management

The Carlyle Group

Google Ventures

Oak Investment Partners

Lifeforce Capital

Maverick Ventures

Redmile Group

SharesPost Investment Management

One Medical

One Medical was recently recognized by Hired as one of 2023’s Top Employers Winning Tech Talent. Senior Director of Corporate and Technical Talent Acquisition, John Beard sat down with Hired to share how our interview process and employer brand have fostered an authentic candidate experience. Learn more here: https://onemd.co/48LS505

#recruiting #hiring #careers #techcareers #primarycare #healthcareinnovation #hiringprocess #talentacquisition #candidateexperience 

One Medical’s Chief People Officer Christine (Gallardo) Morehead recently spoke with CEO of LEADx and Forbes Contributor Kevin Kruse  about our approach to leadership development and how we train managers at every level to cultivate a human-centered, supportive environment. Learn more about our company DNA and how we’re building a thriving company culture. https://onemd.co/3S85l9W

#healthcare #healthcareworker #primarycare #futureofwork #humancentered

One Medical's heading to The Conference Board's Employee Health Care Conference! Join us this upcoming April 16-17, 2024 at the New York Marriott Marquis.

Hear from employers about redefining their health and benefits strategy journeys. A myriad of topics will be discussed, including behavioral health, mental health, virtual care, and many more.

For complimentary access and to guarantee your place, register here: https://onemd.co/3v6Xjot

Happy holidays from One Medical! Last week, teams members across the organization gathered for some holiday fun, food, and festivities. We’re so thankful to be able to get together and celebrate this past year’s accomplishments as a team.

	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22
revenue	176.77M -	212.68M 20.31%	276.26M 29.89%	380.22M 37.63%	621.55M 63.47%	1.05B 68.22%
cost of revenue	120.70M -	136.18M 12.82%	167.62M 23.09%	234.96M 40.18%	435.18M 85.22%	861.16M 97.88%
gross profit	56.06M -	76.50M 36.45%	108.64M 42.02%	145.26M 33.71%	186.37M 28.30%	184.39M 1.06%
selling and marketing expenses	19.17M -	25.79M 34.51%	39.52M 53.24%	36.97M 6.46%	61.99M 67.70%	97.06M 56.57%
general and administrative expenses	57.96M -	85.81M 48.04%	108.97M 26.99%	157.28M 44.34%	323.13M 105.44%	415.83M 28.69%
selling general and administrative expenses	77.14M -	111.60M 44.68%	148.49M 33.05%	194.25M 30.82%	385.12M 98.26%	512.90M 33.18%
research and development expenses
other expenses	10.69M -	9.95M 6.92%	14.27M 43.44%	22.37M 56.81%	44.73M 99.93%	91.19M 103.84%
cost and expenses	208.53M -	257.72M 23.59%	330.37M 28.19%	451.58M 36.69%	865.04M 91.56%	1.47B 69.39%
operating expenses	87.82M -	121.54M 38.40%	162.75M 33.90%	216.62M 33.10%	429.85M 98.43%	604.08M 40.53%
interest expense	834K -	804K 3.60%	474K 41.04%	13.43M 2,734.18%	13.76M 2.40%	11.68M 15.09%
ebitda	-19.15M -	-33.64M 75.65%	-27.49M 18.28%	-53.03M 92.91%	-196.19M 269.95%	-326.50M 66.42%
operating income	-31.76M -	-45.05M 41.84%	-54.11M 20.13%	-71.36M 31.87%	-242.69M 240.09%	-417.68M 72.11%
depreciation and amortization	10.69M -	9.95M 6.92%	24.50M 146.34%	22.37M 8.69%	46.50M 107.81%	91.19M 96.11%
total other income expenses net	198K -	-430K 317.17%	505K 217.44%	-18.18M 3,700.99%	-13.76M 24.35%	-11.68M 15.09%
income before tax	-31.56M -	-45.48M 44.09%	-53.61M 17.88%	-89.54M 67.03%	-256.44M 186.39%	-429.36M 67.43%
income tax expense	126K -	25K 80.16%	87K 248%	-123K 241.38%	-1.80M 1,365.04%	-31.51M 1,648.83%
net income	-30.80M -	-44.41M 44.22%	-52.55M 18.32%	-88.72M 68.81%	-254.64M 187.03%	-397.85M 56.24%
weighted average shs out	104.62M -	91.66M 12.39%	122.41M 33.54%	118.38M 3.29%	153.70M 29.84%	197.05M 28.20%
weighted average shs out dil	104.62M -	91.66M 12.39%	122.41M 33.54%	118.38M 3.29%	153.70M 29.84%	197.05M 28.20%
eps	-0.29 -	-0.48 65.52%	-0.43 10.42%	-0.75 74.42%	-1.66 121.33%	-2.02 21.69%
epsdiluted	-0.29 -	-0.48 65.52%	-0.43 10.42%	-0.75 74.42%	-1.66 121.33%	-2.02 21.69%

NASDAQ:ONEM

One Medical

Last Close

16.47

21/02 21:00

Market Cap

3.40B

Beta: -

Volume Today

15.27M

Avg: 2.43M

PE Ratio

−8.48

PFCF: −11.91