Announced

1Life Healthcare to acquire Iora Health for $2.1bn.

Synopsis

1Life Healthcare, a human-centered and technology-powered primary care organization, agreed to acquire Iora Health, a human-centric, value-based primary care group, for $2.1bn. Upon completion of the transaction, Iora Health shareholders are expected to own c. 26.75% of the combined company. "Together we will expand our addressable market to serve more members in more geographies with digital and in-person care across every stage of life, with further capabilities to deliver care within full-risk models. Together with Iora Health, we can deliver better health, better care, and lower costs for children, adults, and seniors,” Amir Dan Rubin, 1Life Healthcare Chair & CEO.

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