August 15, 2018
Alphabet, the parent company of Google, is investing $375 million in Oscar Health, the technology-driven health insurer cofounded by Mario Schlosser and Joshua Kushner, brother of White House advisor Jared Kushner.
The funds will help move the New York City-based insurer into its next phase of expansion, entering the Medicare Advantage market.
"Today, we are announcing Alphabet's plans to invest...
March 28, 2018
Tech-friendly, consumer empowerment-focused health insurance startup Oscar Health has closed a $165 million funding round led by Brian Singerman and Founders Fund, according to a recent blog post from the company’s cofounders. Other participants in the round included Verily Life Sciences, Fidelity, 8VC, General Catalyst, Capital G, Khosla Ventures, Thrive Capital, and other unnamed investors.
July 19, 2017
Oscar Health is working with Humana to offer commercial health insurance to small businesses in a nine-county Nashville, Tenn. area. Tech-saavy insurance startup Oscar is teaming up with incumbent Humana at a time when it’s just begun to expand from the individual market into working with employers through its Oscar for Business unit. Humana will provide licenses to operate in Nashville as well...
June 21, 2017
Oscar Health plans to expand the reach of its innovative, tech-savvy insurance plan into six states in 2018. Pending regulatory approval from the states, the move will include the service's return to New Jersey, where it pulled out last year, expansions in existing markets, and brand new launches in Tennessee and Ohio (via the previously announced Cleveland Clinic partnership).
June 16, 2017
Cleveland Clinic is venturing into the health insurance business for the first time with Oscar Health.
The organizations announced this week they will offer co-branded health insurance plans to consumers in northeast Ohio, marking Cleveland Clinic's first entrée into the payer market with a product bearing its name.
The health plans are expected to be sold on the Ohio health insurance exchange as...
June 16, 2017
Insurance startup Oscar Health announced a partnership with the Cleveland Clinic to offer co-branded insurance plans in northeast Ohio. The deal marks a first for both organizations: Oscar’s first plan in Ohio and Cleveland Clinic’s first foray into the health insurance market.
"Together, Cleveland Clinic and Oscar Health intend to offer a different approach, one that breaks down the complexities...
June 12, 2017
Health insurance startup Oscar Health has introduced a new tool to give doctors a more detailed overview of their patients: a virtual clinical dashboard that displays multiple steps of an Oscar member’s medical journey, with the goal being to offer a more readable profile of their health.
Though it’s not quite an electronic health record in it’s own right, it’s more than just a user-friendly...
December 8, 2016
Mount Sinai Health System and health insurer Oscar aligned to create The Oscar Center to offer primary care services in its Brooklyn location.
"The Oscar Center is a pivotal step toward our vision of creating a seamless end-to-end healthcare experience for our members," Oscar CEO Mario Schlosser said in a statement.
Those services also include walk-in visits, basic mental health, wellness...
September 20, 2016
In today’s healthcare environment, insurers may see the value of digital health, but decades-old infrastructure, workflows and IT departments may be holding them back from fully embracing the technological innovations that doctors and patients want and need. And breaking through those roasblocks starts with asking the patients what they want.
During the Healthcare Innovation Summit at Stanford...
September 14, 2016
Health insurance startup Oscar Health welcomed Dr. Shaden Marzouk as new chief medical officer to the company. Marzouk joins the company from Cardinal Health, where she served as senior vice president of clinical operations and was responsible for leading acquisition and integration of new businesses in devices, services and analytics. Prior to that, Marzouk was chief of neurosurgery at William...