WASHINGTON— AARP Executive Vice President and Chief Operating Officer Scott Frisch released the following statement in response to the initial public offering (IPO) today of 1Life Healthcare, Inc. (One Medical):

“One Medical was the first company we invested in through the AARP Innovation Fund in 2015, so we congratulate them on their IPO today. They are helping to empower people by making healthcare easy and accessible.  AARP Innovation Fund is a unique investment fund, developed in collaboration with J.P. Morgan Asset Management Private Equity Group, that provides capital to innovative companies focused on improving the lives of people 50-plus and their families, especially around access to healthcare and independent living.” 

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About AARP
AARP is the nation’s largest nonprofit, nonpartisan organization dedicated to empowering people 50 and older to choose how they live as they age. With a nationwide presence and nearly 38 million members, AARP strengthens communities and advocates for what matters most to families: health security, financial stability and personal fulfillment. AARP also produces the nation's largest circulation publications: AARP The Magazine and AARP Bulletin. To learn more, visit www.aarp.org or follow @AARP and @AARPadvocates on social media.

Media Contact: Tara Dunion, (202) 434-2667, tdunion@aarp.org.