General Atlantic’s $200 Million Investment in OneOncology


Paul, Weiss is representing General Atlantic in its significant investment in OneOncology, a partnership of independent community oncology practices and finance and technology experts.

Three leading oncology practices unite with partners in technology and finance to announce the launch of OneOncology, a patient-centric, physician-driven, and technology-powered company with a mission to improve the lives of everyone living with cancer.

An estimated 38 percent of Americans will be diagnosed with cancer in their lifetimes. Fortunately, with breakthroughs in diagnostic testing, targeted and immunotherapies, and surgical procedures, cancer is being detected earlier and survivorship is increasing. More than half of those diagnosed with cancer in the U.S. are being treated in a community-based setting, providing high-quality care closer to patients’ homes, at costs up to 60 percent less than in acute care hospitals.

Despite their critical role, community oncology practices face enormous challenges, including increased pressure from hospital consolidation, limited resources to invest in innovation, and continued shifts to alternative payment models.

OneOncology empowers community oncology practices by supporting the entire continuum of care, including prevention and diagnosis, research and treatment, long-term survivorship, and palliative and hospice care. Through this comprehensive approach, OneOncology aims to achieve improved patient experience and outcomes while benefiting their providers and payers through better aligned payment models.

The Paul, Weiss team includes corporate partners Matthew Abbott (Picture), Ellen Ching, Amran Hussein and John Kennedy and counsel Philip Heimowitz; tax partner Lindsay Parks and counsel Mashiho Yuasa; employee benefits partners Robert Fleder and Andrew Gaines and counsel Uri Horowitz; litigation partners Allan Arffa and Andrew Gordon; and antitrust counsel Marta Kelly.

Involved fees earner: Matthew Abbott – Paul Weiss Rifkind Wharton & Garrison; Ellen Ching – Paul Weiss Rifkind Wharton & Garrison; Amran Hussein – Paul Weiss Rifkind Wharton & Garrison; John Kennedy – Paul Weiss Rifkind Wharton & Garrison; Philip Heimowitz – Paul Weiss Rifkind Wharton & Garrison; Lindsay Parks – Paul Weiss Rifkind Wharton & Garrison; Mashiho Yuasa – Paul Weiss Rifkind Wharton & Garrison; Robert Fleder – Paul Weiss Rifkind Wharton & Garrison; Andrew Gaines – Paul Weiss Rifkind Wharton & Garrison; Uri Horowitz – Paul Weiss Rifkind Wharton & Garrison; Allan Arffa – Paul Weiss Rifkind Wharton & Garrison; Andrew Gordon – Paul Weiss Rifkind Wharton & Garrison; Marta Kelly – Paul Weiss Rifkind Wharton & Garrison;

Law Firms: Paul Weiss Rifkind Wharton & Garrison;

Clients: General Atlantic;

Author: Ambrogio Visconti