One Medical offers concierge-style primary care services and gives patients access to 24-hour telemedicine consultations, which CEO Amir Rubin hopes will save customers enough money to make a dent in national healthcare spending, according to CNBC.
One Medical recently received up to $350 million from The Carlyle Group, which is backed by Alphabet's GV. The company will use the funds to hire more clinicians, grow its membership and enlarge its footprint from 72 offices across nine cities.
"Our goal is to delight millions of consumers and take out 10 percent of the U.S. healthcare spend," Mr. Rubin, former CEO of Stanford (Calif.) Health Care and executive vice president of UnitedHealth, told CNBC.