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Oscar Health Inc. on May 13 posted an $87 million loss in the first quarter of this year, despite seeing its total revenue surge to $369.4 million, up from $88.1 million in the same period last year, Forbes reported. According to Oscar, the total direct policy premiums were up 44% to $820.8 million due to growth in membership in new and existing markets.
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