Last deal

$300M

Amount

Post-IPO Debt

Stage

16.11.2022

Date

3

all rounds

$405.34M

Total amount

date founded

Financing round

General

About Company
Oak Street Health is a fast-growing network of primary care centers for adults on Medicare.

Industry

Sector :

Subsector :

founded date

01.01.2012

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Debt

IPO status

Private

Description

The company was founded in 2012 and is headquartered in Chicago, Illinois. Oak Street Health operates a healthcare model focused on quality of care over volume of services, and assumes the full financial risk of its patients. It provides primary care services to adults on Medicare in medically-underserved communities where there is little to no quality healthcare. Currently, Oak Street Health operates more than 130 centers across 20 states and is the only primary care provider to carry the AARP name. To learn more about Oak Street Health’s innovative approach to care, visit oakstreethealth.com.
Contacts

Contact Email

Phone number

Social url

Similar Companies
1000
MAXhealth

MAXhealth

MAXhealth is a network of primary care medical centers that provides affordable care for patients in Florida's west and southwest coasts.

Sector

Health Care Providers

Subsector

Health Care Facilities

Keywords

Health Care, Insurance, Medical

Location

Sarasota, FL, USA
AbsoluteCARE

AbsoluteCARE

AbsoluteCARE is a value-based integrated healthcare provider with locations in Atlanta and Baltimore.

Sector

Health Care Providers

Subsector

Health Care Facilities

Location

Baltimore, MD, USA

total rounds

2

total raised

$117.02M
MyCare Medical

MyCare Medical

MyCare Medical is a primary care group that offers high-quality patient care in a value-based model.

Sector

Health Care Providers

Subsector

Health Care Facilities

Location

Tampa, FL, USA
Steward Medical Group

Steward Medical Group

Steward Health Care System is a physician-led health care network.

Sector

Health Care Providers

Subsector

Health Care Services

Location

Dallas, TX, USA
M&A Details
1

Transaction name

Acquired by

CVSHealth

announced date

11.01.2023

price

$10B

Financials

Funding Rounds
5
3

Number of Funding Rounds

$405.34M

Money Raised

Their latest funding was raised on 16.11.2022. Their latest investor Silicon Valley Bank. Their latest round Post-IPO Debt

Date 
Funding Round 
Investors 
Money Raised 
Lead 
18.05.2018
$65M
20.01.2016
1
Silicon Valley Bank

Silicon Valley Bank

Silicon Valley Bank provides commercial banking services to innovative industries.

Sector

Banks

Subsector

Banks

Keywords

Financial Services, Banking, Finance

Location

Santa Clara, CA, USA

total rounds

1

count Of Investments

742

count Of Exists

212
Hercules Capital

Hercules Capital

Hercules Capital, Inc. provides senior secured venture growth loans to high-growth, innovative venture capital-backed companies.

Sector

Investment Banking and Brokerage Services

Subsector

Diversified Financial Services

Keywords

Financial Services, Venture Capital, Finance

Location

Palo Alto, CA, USA

total rounds

2

total raised

$6.5M

count Of Investments

225

count Of Exists

65
Co-Investors
Investors
6
4

Number of lead investors

6

Number of investors

Investor 
Lead 
Round 
Partners 
No
Venture - Series Unknown
Silicon Valley Bank

Silicon Valley Bank

Silicon Valley Bank provides commercial banking services to innovative industries.

Sector

Banks

Subsector

Banks

Keywords

Financial Services, Banking, Finance

Location

Santa Clara, CA, USA

total rounds

1

count Of Investments

742

count Of Exists

212
Tom Hertzberg

Tom Hertzberg

Hercules Capital

Hercules Capital

Hercules Capital, Inc. provides senior secured venture growth loans to high-growth, innovative venture capital-backed companies.

Sector

Investment Banking and Brokerage Services

Subsector

Diversified Financial Services

Keywords

Financial Services, Venture Capital, Finance

Location

Palo Alto, CA, USA

total rounds

2

total raised

$6.5M

count Of Investments

225

count Of Exists

65
Michael Dutra

Michael Dutra

Michael Dutra is the Managing Director at Hercules Capital. He attended Northeastern University.

current job

Hercules Capital
Hercules Capital
Oxeon Partners

Oxeon Partners

Oxeon Partners partners with growth stage healthcare businesses to solve complex challenges.

Sector

Industrial Support Services

Subsector

Professional Business Support Services

Keywords

Health Care, Venture Capital

Location

New York, NY, USA

count Of Investments

27

count Of Exists

5
Acquisitions
1
Acquiree Name 
Date 
Price 
Acquisition Name 
RubiconMD acquired by Oak Street Health

RubiconMD acquired by Oak Street Health

acquirer

Oak Street Health
Oak Street Health

date

21.10.2021

type

Acquisition

price

$130M
RubiconMD

RubiconMD

RubiconMD democratizes medical expertise by connecting primary care doctors with specialists through a web-based e-consulting platform.

Sector

Health Care Providers

Subsector

Health Care Services

Location

New York, NY, USA

total rounds

9

total raised

$37.87M

People

Founders
2
Geoff Price
Geoff Price

Geoff Price

Geoff Price is the Chief Operating Officer at Oak Street Health.

current job

Oak Street Health
Oak Street Health

count Of Investments

2

Geoff Price

Mike Pykosz
Mike Pykosz

Mike Pykosz

Mike Pykosz is the Chief Executive Officer at Oak Street Health.

current job

Oak Street Health
Oak Street Health

organization founded

1

Mike Pykosz

Employee Profiles
174
Sarah Bild

Sarah Bild

VP, Brand

Justin Hunt

Justin Hunt

Medical Director

Fnp-Bc Susan Brown

Medical director

Charlotte Turovsky

Regional director of operations

Patrick Langan

Regional director of growth

Tracy Flack

Senior marketing associate

Marisa Gefen

Senior medical director

Tom Wahl

Report developer

Activity

Recent News
8
News Timeline

The graph reveals the ratio (%) of positive news articles in a chosen time range

month