Primary care clinic company One Medical sets terms for up to $322 million IPO
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One Medical, which operates concierge medical clinics in nine major U.S. markets, set the terms for its slated IPO Tuesday. The filing, as San Francisco-based 1Life Healthcare Inc., says that the company is looking to raise up to $322 million by offering 20.1 million shares at a price range of $14 to $16. Founded in 2008 by Dr. Tom Lee, the company has grown from a single location in Noe Valley to about 397,000 members, 77 physical offices and employer on-site clinics in the Bay Area, Los Angeles,…
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