General Atlantic Takes Majority Stake in OneOncology, a Startup for Running Cancer-Doctor Practices - News Summed Up

General Atlantic Takes Majority Stake in OneOncology, a Startup for Running Cancer-Doctor Practices


Private-equity firm General Atlantic has agreed to invest $200 million in a startup that aims to manage independent cancer-treatment clinics, the latest sign investors see opportunity in the health-services sector. The investment makes General Atlantic the majority owner of OneOncology, a startup that launched this month. Its founders, three cancer-treatment practices in Tennessee and New York, are the other owners and its first customers.


Source: Wall Street Journal September 12, 2018 03:56 UTC



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