Tuesday 6 September 2011
One Medical Raises $20 Million For The Modern Doctor?s Office
It's 2011, but most doctor's offices are still stuck in the 1990s when it comes to patient-facing technology. �The receptionist probably has a computer to manage appointments, but typically you still sign in on paper, fill out forms on a clipboard, and your doctor relies on a loosely-bound sheaf of papers to check your medical records. �Tom Lee is trying to change that from the ground up with One Medical Group, the venture-backed primary care practice he founded a few years ago where he is CEO. On Friday, he closed a $20 million series E, led by Maverick Capital, with Benchmark, Oak Investment, and DAG Ventures participating. �The new round brings the total capital raised since 2007 to $46.5 million. One Medical operates 9 doctor's offices in San Francisco and New York, and will open 5 more this year, expanding to Silicon Valley and Washington, D.C. Patients can schedule appointments online, request prescriptions, get lab results digitally, and see their personal health summary online.
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