One Medical to Acquire Iora Health

One Medical, a concierge primary care startup building sleek clinics targeted at millennials, will acquire Medicare-focused provider Iora Health for $2.1 billion in stock. Iora, which was co-founded by Dr. Rushika Fernandopulle '85 in 2010, has grown to serve 38,000 members across 10 markets and estimates revenue to reach $299 million for 2021. Rushika will become chief innovation officer of the combined company. Read the full story here.