Mercom Capital Group October 22, 2021
Oak Street Health, a network of value-based primary care centers focused on the Medicare population, acquired RubiconMD, a provider of telehealth specialty consults to primary-care doctors, for $190 million.
RubiconMD, which provides a network of specialists providing care in cardiology, nephrology, and pulmonology, has raised over $40 million in funding to date. Investors include Deerfield Management Company. Existing investors Optum Ventures, HLM Venture Partners, Waterline Ventures, and Heritage Provider Network.
“Oak Street Health is on a mission to rebuild healthcare as it should be, which we are doing by focusing on preventive care and driving more...