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Oscar Health Inc   (OSCR)
Other Ticker:  
 
 
Price: $5.5600 $-0.01 -0.180%
Day's High: $5.69 Week Perf: 1.83 %
Day's Low: $ 5.51 30 Day Perf: -15.5 %
Volume (M): 1,155 52 Wk High: $ 9.89
Volume (M$): $ 6,421 52 Wk Avg: $5.40
Open: $5.54 52 Wk Low: $2.05



 Market Capitalization (Millions $) 1,220
 Shares Outstanding (Millions) 219
 Employees 2,500
 Revenues (TTM) (Millions $) 4,965
 Net Income (TTM) (Millions $) -475
 Cash Flow (TTM) (Millions $) -41
 Capital Exp. (TTM) (Millions $) 30

Oscar Health Inc
Oscar Health Inc. is a technology-focused health insurance company that aims to revolutionize the healthcare industry through innovative and personalized plans for its members. The company was founded in 2012 by Mario Schlosser, Josh Kushner, and Kevin Nazemi in New York City, and has quickly grown to become a major player in the healthcare market, with more than 529,000 members by the end of 2020.

Oscar offers individual and family health insurance policies in several states, including New York, California, Texas, Florida, and more. These plans are designed to provide comprehensive healthcare coverage at an affordable price, with all of them including benefits such as virtual visits, 24/7 access to a nurse hotline, and easy-to-use mobile apps. Oscar's plans also place an emphasis on preventive care, with members receiving free telemedicine services, such as on-demand virtual visits, and access to free preventive screenings.

One of the core aspects of Oscar's business model is its use of technology to create a seamless, user-friendly experience for its members. The company's mobile app allows members to search for doctors, track their medical history, review their claims, and even chat with a nurse practitioner. This technology-driven approach to healthcare is part of what sets Oscar apart from traditional insurers.

Oscar Health has also been focused on developing innovative programs that promote better health outcomes for its members. For example, the company has launched programs that encourage members to take an active role in their health. Programs such as the "Oscar Fit" wellness program incentivize members to take steps towards healthy living by offering rewards, such as Amazon gift cards, for hitting specific wellness targets.

In addition to its focus on technology and innovation, Oscar also places a strong emphasis on customer service. The company's mission is to provide its members with a healthcare experience that is personalized, efficient, and compassionate. To that end, Oscar has created a customer service team that is available 24/7 to answer member questions, resolve issues, and provide support.

As of March 2021, Oscar Health Inc. went public and its shares began to trade on the New York Stock Exchange. Its initial public offering (IPO) priced at $39 per share, raising $1.4 billion, and giving the company a valuation of $11.3 billion. The successful IPO was seen as a strong indicator of investor demand for high-growth technology-driven healthcare companies like Oscar Health.

Overall, Oscar Health Inc. is a rapidly growing healthcare company that is grounded in innovation, technology, and customer service. Its focus on providing affordable, personalized, and convenient healthcare coverage has helped it to emerge as a major disruptor in the healthcare industry.


   Company Address: 75 Varick Street, 5th Floor New York, 10013 NY
   Company Phone Number: 403-3677   Stock Exchange / Ticker: NYSE OSCR
   OSCR is expected to report next financial results on November 08, 2023.


   

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Oscar Health Inc, a leading health insurance provider, showed significant improvement in its financial performance during the April to June 30, 2023, reporting period. The company managed to decrease its loss per share from -$0.53 a year prior to -$0.07, a substantial improvement. Furthermore, its earnings per share (EPS) also showed progress, improving from -$0.18 per share in the preceding reporting season.
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