Oscar Health

Oscar Health, Inc. operates as a health insurance company which serves its customers through a technology platform. It offers individual and family, small group and medicare advantage plans and technology platform to others within the provider and payor space. The company was founded by Mario Tobias Schlosser, Kevin Nazemi and Joshua Kushner on October 25, 2012 and is headquartered in New York, NY.

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Oscar Health reports robust growth and profitability outlook for 2023

Oscar Health's 2022 performance showcased strong growth in membership, improved financial ratios, and a focus on efficiency and profitability in the insurance business.
The company's strengths lie in exceeding targets for capital, stable premiums, and leveraging investment income for competitive advantage.
Challenges include financial transparency and managing risk pool dynamics, while opportunities exist in market expansion, PBM contract benefits, and margin expansion strategies.
Overall, Oscar Health's strategic focus on growth, efficiency, and profitability positions it well for future success in the insurance market.

Oscar Health achieves Q1 profitability, focuses on tech innovation

Oscar Health's Q1 2023 earnings call highlighted strong financial performance, operational efficiency, and a strategic focus on profitability priorities.
While facing challenges such as reshaping strategies and market-specific dynamics, the company is well-positioned to leverage opportunities for growth and innovation.
With a mission-driven approach, a growing member base, and a commitment to enhancing technology, Oscar Health aims to sustain profitability and market competitiveness.

Oscar Health reports strong Q2 earnings, eyes growth opportunities

Oscar Health's Q2 performance reflects positive trends in profitability, membership growth, and strategic planning for future expansion.
While facing challenges in pricing strategies and achieving profitability targets, the company is well-positioned to capitalize on growth opportunities.
With a focus on innovation, customer satisfaction, and market expansion, Oscar Health aims to strengthen its competitive position in the healthcare industry.

Oscar Health excels in Q3, eyes profitability in 2024

Oscar Health's Q3 2023 earnings call highlighted strong performance metrics, a focus on profitability in 2024, and strategic initiatives to drive growth and enhance member satisfaction. While facing challenges in narrowing EBITDA losses, the company remains optimistic about its trajectory and expressed confidence in its strategic direction and employee dedication.

Oscar Health achieves insurance profitability, eyes growth amid market changes

Oscar Health's Q4 2023 Earnings Call highlighted achievements in insurance company profitability and significant improvements in total company adjusted EBITDA.
The company is well-positioned for profitability in 2024, focusing on serving over 1.3 million members with new products and technology enhancements.
Challenges include navigating potential market dynamics changes due to ACA subsidy adjustments, but Oscar Health is proactively addressing these concerns.

Oscar Health posts record revenue and profitability, eyes market expansion

Oscar Health delivered robust Q1 results, showcasing strong revenue growth, improved profitability, and strategic market expansion initiatives.
Despite facing challenges in achieving total company adjusted EBITDA profitability, the company's financial stability and growth prospects remain promising.
With a focus on operational efficiency and long-term strategic vision, Oscar Health is well-positioned to capitalize on market opportunities and drive sustained growth.

Oscar Health reports strong Q2 results, eyes growth through technology

Oscar Health's Q2 2024 earnings call showcased robust financial performance, driven by revenue growth and improved EBITDA. The company's membership expansion and strategic focus on technology-driven engagement are key strengths. Challenges include policy uncertainties and meeting raised guidance, while opportunities exist in market resonance and technological advancements.

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Oscar Health, Inc. is a health insurance company, which serves its customers through a technology platform. It offers individual and family, small group and medicare advantage plans, and technology platform to others within the provider and payor space. The company was founded by Mario Tobias Schlosser, Kevin Nazemi, and Joshua Kushner on October 25, 2012 and is headquartered in New York, NY.

Harvard Business School classmates Josh Kushner, Mario Schlosser, and Kevin Nazemi decide to start a company to demystify health insurance.

Oscar, named after Kushner's great grandfather, raises $51.5 million through Series A, AA, and AAA funding from Gary Vaynerchuk, Dave Gilboa, Khosla Ventures, Lerer Ventures, General Catalyst Thrive Capital, Founders Fund, Kal Vepuri, BoxGroup and more, with a pre-money valuation of $70 million.

Series A4 funding drops a nice $30 million from investors into Oscar's wallet, bumping its valuation to $310 million.

Oscar secures $80 million in Series A5 funding, mostly from Formation 8. Pre-money valuation reaches $500 million.

Nearly 150,000 members call themselves Oscar-insured across four states alone (NY, NJ, CA, & TX).

Oscar's member services team sets up camp in Tempe, Ariz.

Mount Sinai Health System partners to open the Oscar Center, offering primary care, mental health, and wellness services to members—sort of like a fancy urgent care. 😎

Oscar offers coverage to New York small businesses for their employees. 

The Cleveland Clinic collab drops in the Midwest market to cover individuals across northeastern Ohio. 

Oscar expands to new regions, including Tennessee, Ohio, Texas, New Jersey, and California.

Hey, y’all: A partnership with Humana helps Oscar cover small businesses up to 50 employees in Nashville, Tenn.

Series G round nets Oscar $165 million in funding, zooming the estimated value to a whopping $3.2 billion.

Alphabet (parent company to Google) decides to invest, cutting Oscar a check for $375 million.

The "Cigna + Oscar" collab brings together Cigna's vast network to Oscar's member-focused experience for small businesses. 

Gary Vaynerchuk and Khosla Ventures go for round 2, but this time, a sweet $225 million with the help of Builders VC.

Tiger Global Management invests $140 million in Oscar, as the company's member count exceeds 400,000.

Oscar begins trading on the New York Stock Exchange under the ticker $OSCR.

NEW YORK--(BUSINESS WIRE)--Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), a leading healthcare technology company, today announced that the Anahata Foundation (“Anahata”), a charitable foundation established by Mark T. Bertolini, Oscar's Chief Executive Officer, purchased 933,333 shares on the open market the week of November 11, 2024. Oscar was not a party to any of these transactions. Bertolini said: “I believe in the future of Oscar. I am convinced Oscar is the company with the talent, products,.

Oscar Health, Inc. Announces that Mark Bertolini's Foundation Purchases Shares of Oscar Health

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NEW YORK--(BUSINESS WIRE)--Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), a leading healthcare technology company, today announced it will bring the Oscar experience to more individuals, families, and businesses through the ACA marketplace in New Jersey in 2025. Oscar is introducing affordable health insurance products1 that empower everyone to pursue a healthy life on their terms with: Services built around personal health needs and cultural preferences. High-quality networks that align with their.

Oscar Health Announces New Health Insurance Options in New Jersey in 2025

Oscar Health (OSCR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Oscar Health (OSCR) Upgraded to Buy: What Does It Mean for the Stock?

Start Time: 08:00 January 1, 0000 8:36 AM ET Oscar Health, Inc. (NYSE:OSCR ) Q3 2024 Earnings Call November 07, 2024, 08:00 AM ET Company Participants Mark Bertolini - CEO Scott Blackley - Chief Financial Officer Chris Potochar - VP, Treasury and IR Conference Call Participants Stephen Baxter - Wells Fargo John Ransom - Raymond James Jessica Tassan - Piper Sandler Joshua Raskin - Nephron Research Michael Ha - Baird Adam Ron - Bank of America Operator Good morning. My name is Angela, and I will be your conference operator today.

Oscar Health, Inc. (OSCR) Q3 2024 Earnings Conference Call Transcript

Oscar Health, Inc. (OSCR) came out with a quarterly loss of $0.22 per share versus the Zacks Consensus Estimate of a loss of $0.20. This compares to loss of $0.29 per share a year ago.

Oscar Health, Inc. (OSCR) Reports Q3 Loss, Tops Revenue Estimates

Oscar Health Thursday reported a $54 million third quarter loss despite continued growth, heading into what could be an uncertain political period under Donald Trump and Republicans in Congress.

Oscar Health's Obamacare Business Continues To Grow As Trump's Return Looms

NEW YORK--(BUSINESS WIRE)--Oscar Health Announces Results for Third Quarter 2024.

Oscar Health Announces Results for Third Quarter 2024

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Market reactions sharply diverged among healthcare companies as investors expect changes to Obamacare, Medicare.

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NEW YORK--(BUSINESS WIRE)--Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), a leading healthcare technology company, today announced it is entering the greater Charlotte and Winston-Salem areas of North Carolina to bring the Oscar experience to individuals and families through the ACA marketplace in 2025. Oscar is introducing easy, affordable health insurance1 options with: Services built around personal health needs and cultural preferences Atrium Health's high-quality networks that fit with their s.

Oscar Health Introduces a New Healthcare Experience to Individuals and Families in North Carolina

NEW YORK--(BUSINESS WIRE)--Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), a leading healthcare technology company, today announced it will bring the Oscar experience to more individuals, families, and businesses through the ACA marketplace in Ohio in 2025. Oscar is introducing affordable health insurance products1 that empower everyone to pursue a healthy life on their terms with: Services built around personal health needs and cultural preferences. High-quality networks that align with their sched.

Oscar Health Announces New Health Insurance Options in Ohio in 2025

NEW YORK--(BUSINESS WIRE)--Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), a leading healthcare technology company, today announced it will bring the Oscar experience to more individuals, families, and businesses through the ACA marketplace in Texas in 2025. Oscar is introducing affordable health insurance products1 that empower everyone to pursue a healthy life on their terms with: Services built around personal health needs and cultural preferences. High-quality networks that align with their sche.

Oscar Health Announces New Health Insurance Options in Texas in 2025

NEW YORK--(BUSINESS WIRE)--Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), a leading healthcare technology company, today announced it will bring the Oscar experience to more individuals, families, and businesses through the ACA marketplace in Tennessee in 2025. Oscar is introducing affordable health insurance products1 that empower everyone to pursue a healthy life on their terms with: Services built around personal health needs and cultural preferences. High-quality networks that align with their.

Oscar Health Announces New Health Insurance Options in Tennessee in 2025

NEW YORK--(BUSINESS WIRE)--Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), a leading healthcare technology company, today announced it will bring the Oscar experience to more individuals, families, and businesses through the ACA marketplace in Kansas City in 2025. Oscar is introducing affordable health insurance products1 that empower everyone to pursue a healthy life on their terms with: Services built around personal health needs and cultural preferences. High-quality networks that align with thei.

Oscar Health Announces New Health Insurance Options in Kansas City in 2025

NEW YORK--(BUSINESS WIRE)--Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), a leading healthcare technology company, today announced it will bring the Oscar experience to more individuals, families, and businesses through the ACA marketplace in Florida in 2025. Oscar is introducing affordable health insurance products1 that empower everyone to pursue a healthy life on their terms with: Services built around personal health needs and cultural preferences. High-quality networks that align with their sc.

Oscar Health Announces New Health Insurance Options in Florida in 2025

NEW YORK--(BUSINESS WIRE)--Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), a leading healthcare technology company, today announced it will bring the Oscar experience to more individuals, families, and businesses through the ACA marketplace in Georgia in 2025. Oscar is introducing affordable health insurance products1 that empower everyone to pursue a healthy life on their terms with: Services built around personal health needs and cultural preferences. High-quality networks that align with their sc.

Oscar Health Announces New Health Insurance Options in Georgia in 2025

NEW YORK--(BUSINESS WIRE)--Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), a leading healthcare technology company, today announced it will bring the Oscar experience to more individuals, families, and businesses through the ACA marketplace in Iowa in 2025. Oscar is introducing affordable health insurance products1 that empower everyone to pursue a healthy life on their terms with: Services built around personal health needs and cultural preferences. High-quality networks that align with their sched.

Oscar Health Announces New Health Insurance Options in Iowa in 2025

In the most recent trading session, Oscar Health, Inc. (OSCR) closed at $16.03, indicating a +0.38% shift from the previous trading day.

Oscar Health, Inc. (OSCR) Rises As Market Takes a Dip: Key Facts

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Investors interested in stocks from the Insurance - Multi line sector have probably already heard of Axa Sa (AXAHY) and Oscar Health, Inc. (OSCR). But which of these two stocks is more attractive to value investors?

AXAHY vs. OSCR: Which Stock Is the Better Value Option?

NEW YORK--(BUSINESS WIRE)--Oscar Health Announces 2025 Market Expansion to Put Health Insurance in the Hands of More Americans.

Oscar Health Announces 2025 Market Expansion to Put Health Insurance in the Hands of More Americans

The latest trading day saw Oscar Health, Inc. (OSCR) settling at $17.37, representing a -1.19% change from its previous close.

Oscar Health, Inc. (OSCR) Falls More Steeply Than Broader Market: What Investors Need to Know

Oscar Health, Inc. (OSCR) concluded the recent trading session at $18.28, signifying a -1.08% move from its prior day's close.

Oscar Health, Inc. (OSCR) Stock Dips While Market Gains: Key Facts

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Oscar Health (OSCR) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Despite Fast-paced Momentum, Oscar Health (OSCR) Is Still a Bargain Stock

NEW YORK--(BUSINESS WIRE)--Oscar Health, Inc. (“Oscar” or the “Company”) (NYSE: OSCR), a leading healthcare technology company, will release its third quarter 2024 financial results before the market opens on Thursday, November 7, 2024. Management will review these results in a conference call beginning at 8:00 AM (ET). The call-in number and webcast link are as follows: Live Call: 1.888.596.4244 Conference ID: 7768132 Webcast Link The call will be archived and available on Oscar's investor rel.

Oscar Health, Inc. 2024 Third Quarter Conference Call

Investors looking for stocks in the Insurance - Multi line sector might want to consider either Axa Sa (AXAHY) or Oscar Health, Inc. (OSCR). But which of these two stocks offers value investors a better bang for their buck right now?

News for Oscar Health Stock (OSCR)