RubiconMD Acquisition by Oak Street Health
Gunderson Dettmer represented client RubiconMD, a leading technology platform providing access to specialist expertise, in its acquisition by Oak Street Health, a network of value-based primary care centers for adults on Medicare. The acquisition enables Oak Street Health to integrate virtual specialty care into its existing care model, which significantly streamlines the referral process and better manages costs, enhances patient experience, and provides comprehensive care far beyond traditional primary care.
In the announcement of the transaction, co-founder and CEO of RubiconMD Gil Addo said, “Carlos Reines and I founded RubiconMD to democratize medical expertise so that primary care providers can offer all patients the care they deserve, and we are thrilled for this next step with Oak Street Health. We share similar cultures and values, as well as a commitment to delivering high-quality patient care and lowering costs, and we look forward to continuing to innovate together.”
Te Gunderson deal team was led by partner Michael Hacker and included partner James Hauser and associates Billy Kwon, Lily Kim, Christopher Warren, Sunny Kim, Frances Sevilla-Sacasa, Kelly Flanagan, and John Maciejewski.