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Oscar Health Inc (NYSE: OSCR) |
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Price: $32.2500
$0.01
0.031%
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| Day's High:
| $32.48500061035156
| Week Perf:
| 7.64 %
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| Day's Low: |
$ 31.53 |
30 Day Perf: |
21.51 % |
| Volume (M): |
3,674,374 |
52 Wk High: |
$ 33.55 |
| Volume (M$): |
$ 0 |
52 Wk Avg: |
$20.13 |
| Open: |
$32.19 |
52 Wk Low: |
$10.69 |
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| Market Capitalization (Millions $) |
10,753 |
| Shares
Outstanding (Millions) |
333 |
| Employees |
2,305 |
| Revenues (TTM) (Millions $) |
15,319 |
| Net Income (TTM) (Millions $) |
551 |
| Cash Flow (TTM) (Millions $) |
2,206 |
| Capital Exp. (TTM) (Millions $) |
39 |
Business Description
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. Oscares 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
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| Business Update
Published Mon, Nov 18 2024 7:15 AM UTC
Oscar Health Expands ACA Marketplace Offerings in New Jersey for 2025 In a bold move poised to transform the health insurance landscape in New Jersey, Oscar Health, Inc. (NYSE: OSCR), a prominent healthcare technology enterprise, has announced an expansion of its insurance offerings. Set to debut in 2025, this initiative promises to bring Oscar s innovative services to a bro...
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| Business Update
Published Sat, Nov 16 2024 3:40 AM UTC
Oscar Health Expands Affordable Insurance Options Across New Jersey, North Carolina, and Texas in 2025 In a significant move to broaden its footprint in the health insurance sector, Oscar Health, Inc. (NYSE: OSCR), a prominent healthcare technology company, has announced plans to expand its services across three states New Jersey, North Carolina, and Texas starting in 2025. ...
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| Business Update
Published Fri, Nov 15 2024 6:47 PM UTC
Oscar Health Expands to New Frontiers: New Jersey and Texas Selections for 2025 Oscar Health, Inc. (NYSE: OSCR), a trailblazer in the healthcare technology sector, has made a strategic announcement set to reshape the Affordable Care Act (ACA) marketplace in 2025. With its eyes on the horizons of New Jersey and Texas, Oscar is poised to deliver its quintessential health insu...
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| Business Update
Published Mon, Nov 4 2024 2:36 PM UTC
Revolutionizing the ACA Marketplace: Oscar Health Expands to North Carolina, Texas, and Ohio Oscar Health, Inc. (NYSE: OSCR), an innovative force in the healthcare technology sector, continues to make strategic advancements in its mission to redefine the health insurance landscape across the United States. In a bold expansion move, the company has announced its entry into th...
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| Business Update
Published Sat, Nov 2 2024 3:15 AM UTC
In a strategic move aimed at broadening its impact within the healthcare sector, Oscar Health, Inc. (NYSE: OSCR), has made an exciting announcement regarding its expansion into Texas and Ohio. Known for its innovative approach to health insurance, Oscar aims to offer a personalized experience to individuals, families, and businesses through the Affordable Care Act (ACA) mark...
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Fundamental Analysis
| Per Share |
Current |
| Earnings (TTM) |
1.28 $ |
| Revenues (TTM) |
45.94 $
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| Cash Flow (TTM) |
6.62 $ |
| Cash |
12.22 $
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| Book Value |
6.16 $
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| Dividend (TTM) |
0 $ |
| Efficiency
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Current |
| Revenue per Employee
(TTM) |
6,645,828 |
| Net
Income per Employee (TTM) |
239,016 |
| Receivable Turnover Ratio (TTM) |
63.36 |
| Inventory Turnover Ratio (TTM) |
- |
| Asset Turnover Ratio (TTM) |
1.88 |
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| Per Share |
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| Earnings (TTM) |
1.28 $
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| Revenues (TTM) |
45.94 $ |
| Cash Flow (TTM) |
6.62 $ |
| Cash |
12.22 $
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| Book Value |
6.16 $ |
| Dividend (TTM) |
0 $ |
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On February 7 2024 the Oscar Health Inc provided following guidance
024.
In the fourth quarter of 2023, Oscar Health Inc., a prominent healthcare technology company, achieved impressive financial results. These results surpassed our initial projections for the full year. Further...
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