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Oscar Health Inc. is looking to raise $1.05 billion in an initial public offering, PYMNTS.com reports. According to a regulatory filing with the U.S. Security and Exchange Commission, the company has 529,000 members, but hasn’t seen profits yet, and also reported a net loss of $406.8 million in 2020.
1. UnitedHealth reports significant data breach; personal health info compromised
2. Illinois House passes governor’s 'Healthcare Protection Act’
3. UnitedHealth faces scrutiny over size, operations, and cyberattack
4. Walmart to shut down health clinics due to unprofitability
5. Analyst says Cigna, Humana share prices could put merger back on the table
6. UnitedHealth to close Optum Virtual Care amid telehealth decline