Introduction to ONEMEDNET CORP
ONEMEDNET CORP (Nasdaq: ONMD) is a Minnesota-based public company founded in 2006 that provides de-identified, longitudinal Real-World Data (RWD) across various industries. Its flagship iRWD™ platform connects to more than 1,750 healthcare sites to deliver regulatory-grade clinical records, medical imaging, administrative claims, and other data streams while ensuring patient privacy. The company’s offerings support AI development, post-market surveillance, and system testing by masking sensitive information while maintaining data integrity.
Corporate Structure
Headquartered in Eden Prairie, MN, ONEMEDNET employs between 11 and 50 people. It collaborates with over 1,400 healthcare providers and academic centers. The board and management team include:
- Dr. Jeffrey Yu, Vice President and Chief Medical Officer, a radiologist and nuclear medicine specialist who co-founded OneMedNet in 2009.
- Bob Golden, Chief Financial Officer, a CPA with over 30 years of experience in public company accounting and private equity.
- Steven Chartier, VP Engineering and Chief of Data, a professional with expertise in data technology and clinical trial analytics.

Real-World Data by Luke Chesser
Developments and News
- August 13, 2025: ONEMEDNET filed a prospectus (Form 424B3) for a primary offering of up to 11,500,000 common shares and a secondary sale of up to 28,152,560 shares.
- August 25, 2025: The company announced the addition of 85 cardiovascular centers to its network, enhancing its data coverage in that therapeutic area.
- September 15, 2025, and October 9, 2025: ONEMEDNET filed Form 8-K current reports (Item 8.01), indicating developments of material importance; details can be accessed via the SEC’s EDGAR system.
- Throughout 2024 and into 2025: ONEMEDNET established a partnership with Palantir Technologies to incorporate Palantir’s Artificial Intelligence Platform into its RWD analytics.
Financial and Strategic Analysis
On October 10, 2025, ONEMEDNET shares closed at $3.40, reflecting a 27.34% increase on a trading volume of approximately 7.0 million shares. Key financial metrics include:
- 52-week range: $0.30 – $3.75
- Market capitalization (intraday): ~$106 million (Yahoo Finance)
- Trailing twelve-month revenue: $459,000
- Net loss (TTM): –$3.43 million; diluted EPS: –$0.10
- Price/Sales (ttm): 77.4×; Return on Assets (ttm): –347.9%
- Total cash (MRQ): $122,000
Strategically, ONEMEDNET employs a subscription-based model for continuous data access, offers expert curation services to customize datasets, and utilizes advanced AI-driven data masking validated through human oversight. Its classification as an “emerging growth company” under the JOBS Act results in scaled reporting requirements, which the company supports with consistent SEC filings and investor communications.
Market Position and Industry Context
The global RWD market is influenced by the demand for high-quality, de-identified data for AI training, real-world evidence studies, and regulatory submissions. ONEMEDNET differentiates itself through:
- Comprehensive de-identification of both structured clinical data and medical imaging.
- Real-time, longitudinal updates that encompass years of patient records.
- A diverse network that includes data relevant to rare diseases, oncology, cardiology, and other healthcare domains.
- Compliance with HIPAA and PII standards, facilitating cross-industry applications in healthcare, retail, finance, and telecom.
ONEMEDNET faces competition from other RWD aggregators and AI-platform providers, yet its focus on imaging fidelity and regulatory-grade data curation supports its distinct market position.
tl;dr
On October 10, 2025, ONEMEDNET shares increased by 27.34% to $3.40 with notable trading volume. In August 2025, the company initiated a primary and secondary share offering to strengthen its capital structure, expanded its cardiovascular data network by 85 centers, and advanced its partnership with Palantir Technologies to enhance its RWD analytics capabilities. Future strategies focus on subscription revenues, strategic partnerships, and network expansion to promote its iRWD™ platform.