Announcing Iora

Better Together

We are pleased to announce One Medical’s acquisition of Iora Health, a company that shares our commitment to deliver human-centered, technology-powered primary care. By joining forces, we can deliver better health, better care, and lower costs seamlessly across every stage of life for both commercially insured and Medicare populations, through digital and in-person care.

Read about One Medical and Iora Health’s shared vision for the future

Amir Dan Rubin

Chair, Chief Executive Officer & President

Media resources

One Medical and Iora office locations

*One Medical previously announced upcoming new markets: Raleigh-Durham, Milwaukee, Columbus, Houston, Dallas, Miami

FAQ

As of September 1, 2021, One Medical has completed the acquisition of Iora Health, a human-centered, value-based primary care organization. One Medical and Iora Health will join forces and, together, extend our vision to delight millions of members by delivering better health, better care, and better value. By bringing our two organizations together, we believe we will be able to transform healthcare for every stage of life with even greater reach.
Iora Health is a mission-driven, human-centered company that has built a successful primary care group and customized technology over the past decade. Its built-for-purpose technology focuses on serving Medicare patients covered by Medicare Advantage health plans and Original Medicare. Iora Health has over 600 team members across multiple markets including in Washington, Colorado, Arizona, Georgia, North Carolina and Texas, with team offices also in Boston and Minneapolis. Iora Health currently serves about 39,000 Medicare patients across clinics in ten markets across the U.S.
You can learn more about One Medical’s intentions to acquire Iora Health in the investment overview presentation and in our press release.
Combining two leading, national primary care platforms will help us better serve inter-generational population health, across adjacent commercial and Medicare markets. By joining forces, we hope to expand our geographical footprint in new and existing markets, address new populations across enterprise, consumer and Medicare members, and broaden our service offerings.
Together we have the opportunity to serve the majority of the United States through a combined mission-driven, human-centered primary care organization that leverages technology and innovation. Together, One Medical and Iora Health will be well positioned to transform healthcare across more patient demographics and payor types.
Bringing our two organizations together will allow us to extend our reach to deliver 24/7, national, digital health with in-person care across 28 markets nationwide. The acquisition will also allow us to better address current healthcare system failings including negative customer experience, primary care provider burnout, constrained access to care, and increasing costs.
This will allow us to accelerate our mission of transforming health care for our key stakeholders:
- For Consumers, both of our organizations are known for delighting patients/members with high NPS scores, while at the same time helping to improve health outcomes and lower costs. Together, we can continue to deliver longitudinal care for our patients/members throughout their entire lifetime.
- For Employers and Payers, both of our organizations can help manage the health of populations and, ultimately, help lower total healthcare costs. Together, we can promote value-based care and results for the organizations who sponsor the Commercial and Medicare populations.
- For Providers and team members, both of our organizations use purpose built technology platforms that enable greater engagement with our patients/members, while also streamlining clinical and administrative tasks associated with the types of patients each serves. Together, we can learn from each other's expertise to amplify our platforms in service of our populations.
- For Health Networks, both of our organizations fit within the existing healthcare ecosystem through alignment with premier partners and participating in insurance networks. Together, we can extend our efforts of developing clinical and digital integrations to better coordinate care on behalf of patients/members.

Forward Looking Statements This website contains express and implied forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this website other than statements of historical facts, including business strategy and plans and objectives for future operations, are forward-looking statements. The words “anticipate,” believe,” “continue,” “estimate,” “expect,” “intend,” “may,” “assume,” “project,” “will”, “plan” and similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to a number of risks and uncertainties, and you should not rely upon the forward-looking statements as predictions of future events. The future events and trends discussed in these communications may not occur and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements as a result of uncertainties, risks, and changes in circumstances, including but not limited to risks and uncertainties related to: the ability of One Medical to timely and successfully achieve the anticipated benefits of the Merger and the impact of health epidemics, including the COVID-19 pandemic, on the parties’ respective businesses and the actions the parties may take in response thereto. Although One Medical and Iora believe that the expectations reflected in the forward-looking statements are reasonable, it cannot be guaranteed that future results, levels of activity, performance, achievements or events and circumstances reflected in the forward-looking statements will occur. Except to the extent required by law, One Medical does not undertake to update any of these forward-looking statements after the date of these communications to conform these statements to actual results or revised expectations. A discussion of factors that may affect future results, including under the heading titled “Risk Factors”, is contained in One Medical’s SEC filings, including the most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q, which may be accessed at www.sec.gov.

Media resources

One Medical and Iora office locations

FAQ

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