Topic: How To Invest

Power Growth Investor Hotline – Friday, March 27, 2020

Article Excerpt

1LIFE HEALTHCARE, $17.54, is a buy for aggressive investors. The company (symbol ONEM on Nasdaq) is a membership-based provider of primary health care that uses its One Medical technology platform. It has attracted more than 422,000 members in nine U.S. markets through online services and 77 physical locations. On January 31, 2020, 1Life sold 17.5 million shares to IPO investors at $14 a share for $224.1 million in net proceeds. The company generates revenue through corporate and consumer annual subscription fees, partnership revenue from the health networks it works with, and per-visit fees from patients and health insurers. Those per-visit fees account for 52% of its net revenue, with membership and partnership revenues accounting for the rest. 1Life is now bringing its membership-based primary care model to Austin, Texas. To do this, it will partner with Ascension Texas. In Texas, Ascension operates Ascension Providence and Ascension Seton, which includes Dell Children’s Medical Center, the region’s only comprehensive children’s hospital and pediatric Level I trauma…

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