Oak Street Health Inc

Oak Street Health Inc is a healthcare company based in the United States that delivers primary healthcare services to seniors. The company was founded in 2012 by Dr. Griffin Myers and Mike Pykosz, with the aim of providing personalized primary care services to patients who have complex medical needs.

The company is headquartered in Chicago, Illinois, and operates in over 30 clinics across multiple states, including Illinois, Indiana, Michigan, Ohio, Pennsylvania, Rhode Island, and Texas. Oak Street Health Inc primarily serves seniors who have Medicare Advantage insurance plans, and it offers a range of services that include preventive care, primary care, chronic disease management, mental health services, and social services.

One of the hallmarks of Oak Street Health Inc*s business model is its emphasis on building relationships with patients. Each clinic has a team of healthcare professionals that includes doctors, nurse practitioners, nurses, and social workers who work together to deliver coordinated care to patients. Patients have access to their care team 24/7 through phone and email, and they can also book same-day appointments and receive transportation assistance to and from the clinic.

Another defining feature of Oak Street Health Inc is its focus on the social determinants of health. The company recognizes that health outcomes are influenced by factors such as poverty, transportation, housing, and food security, and it works with community organizations to provide resources and support to patients in these areas. Oak Street Health Inc also offers a range of social events and activities for its patients, such as exercise classes, movie nights, and art classes, to promote social connections and combat social isolation.

In terms of business strategy, Oak Street Health Inc has pursued a rapid expansion model, with plans to open over 100 clinics by 2023. The company has also formed partnerships with several insurance companies, including Humana, Aetna, and United HealthCare, to offer its services to more patients. In 2020, the company went public through an initial public offering (IPO) that raised $328 million.

Overall, Oak Street Health Inc is a healthcare company that is focused on delivering comprehensive, patient-centered care to seniors. With its emphasis on building relationships and addressing the social determinants of health, the company has carved out a unique niche in the healthcare market, and it is poised for continued growth and success in the years to come.