A year after One Medical went public another so-called direct primary care startup is doing the same. Everside Health Group lost $20 two years ago but only $3 million last year so that means it’s doing great in the trading world, I guess. Hell, One Medical lost $52 million and they’re being celebrated.
I may not be a smart man but I just don’t see it. The VCs are throwing tons of cash at these DINOs hoping it’s the new golden child. I’ll stick with the grassroots grunts in the trenches, which are the small self-owned DPC practices that this site celebrates. At least we don’t lose money hand over fist.