Google-backed primary care group aims to cut spending by 10%

On the heels of a new $350 million investment from private equity group The Carlyle Group, One Medical is setting its sights even higher—aiming to reduce healthcare spending by 10 percent, CNBC reported.

One Medical CEO Amir Rubin stated the organization’s goal during an interview with CNBC, saying, “Our goal is to delight millions of consumers and take out 10 percent of the U.S. healthcare spend.”

One Medical, which offers concierge-style care, has 72 offices across 9 cities and has been backed by Google parent company Alphabet. The company anticipates its high-quality office visits will help lower overall healthcare spending, according to CNBC.  

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