The company’s founders and first customers are three cancer treatment practices in New York and Tennessee. The $200 million investment makes General Atlantic the majority owner of the startup, according to the report.
“With the launch of OneOncology, we hope to transform the future of cancer care,” Tracy Bahl, OneOncology’s president and CEO, said in a press release. “Cancer is increasingly being treated like a chronic condition rather than a terminal diagnosis. Working together with world-class oncologists, we will drive the change that community cancer needs through continual learning, creative and smart evolution, and a collective desire to positively impact the lives of every person touched by cancer.”
More articles on healthcare finance:
12 hospitals with strong finances
Cash-strapped California hospital to close ER Sept. 16
MU Health Care’s annual revenue hits $1B for first time
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit