One Medical SPAC Presentation Deck
Transaction Significantly Expands Addressable Market
Opportunity to address ~$870 Billion of the $4.2 trillion (¹) U.S. Healthcare market
One Medical TAM
Commercial Primary Care
~$170B(2)
U.S. Total
~$80B(3)
Top 50 MSAS
~$55B(3)
One Medical + lora Health
Announced Markets
-$50B (3)
One Medical's.
22 Announced
Markets
lora Health TAM
Medicare Advantage Market¹4)
-$250B
U.S. Total
~$125B
Top 50 MSAS
-$80B
One Medical + lora Health
Announced Markets
~$15B
Current lora
Health markets
Total TAM
-$870 Billion
New: lora Health TAM
Direct Contracting Opportunity(5)
~$450B
U.S. Total
-$205B
Top 50 MSAS
~$140B
One Medical +
lora Health Announced
Markets
-$20B
Current lora Health
markets
(1) Centers for Medicare & Medicare Services (CMS). (2) Commercial segment represents estimated primary care spend for US population with commercial insurance per US Census 2019 American Community Survey and One Medical primary care market
estimate. (3) One Medical markets and top 50 MSAS represent estimated primary care spend for those under 65 with commercial insurance per US Census 2019 American Community Survey. (4) Revenue PMPM before medical expenses used to calculate
TAM; Enrollment data as of January 2020. Source: CMS; DRG. Assumes the following MA lives: -2M lives in lora Health's current markets; -8M lives in One Medical + lora Health Markets; -13M lives in Top 50 MSAS; -24M lives in Total U.S. (5) Note: Direct
Contracting Program went live in April 2021. Direct Contracting model represents potential 30x or more annual revenue opportunity for aligned lives for full-risk global models. Assumes the following Original Medicare Lives: -2M in lora Health's current
markets; -11M in One Medical + lora Health markets; -17M in Top 50 MSAS; -38M in Total U.S. Source: CMS. Note that Direct Contracting eligibility requirements could impact the number of beneficiaries eligible for alignment with lora Health.
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