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Oscar Health Inc - OSCR STOCK NEWS

Welcome to our dedicated news page for Oscar Health (Ticker: OSCR), a resource for investors and traders seeking the latest updates and insights on Oscar Health.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Oscar Health's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Oscar Health's position in the market.

Rhea-AI Summary
Floating Point, an early stage VC firm founded by the Oscar Health team, closes a $70 million second fund, managing over $150 million in assets. The firm invests in overlooked sectors, backing expert founders building unique companies like Altana, Commons Clinic, Sun Day, Floodbase, and Wheeler Bio.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.79%
Tags
none
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Rhea-AI Summary
Oscar Health, Inc. will host its 2024 Investor Day in New York City to discuss corporate strategy, financial performance, and long-term financial targets. The event will start at 9:00 AM ET and will be available via live webcast on Oscar's investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.79%
Tags
conferences
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Rhea-AI Summary
Oscar Health, Inc. (OSCR) will announce its first quarter 2024 financial results on May 7, 2024. The conference call will start at 8:00 AM (ET) with details available on their investor relations website. Investors can access the archived call for 90 days post the event.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.17%
Tags
none
Rhea-AI Summary
Oscar Health, Inc. announces its financial results for the fourth quarter and full year ended December 31, 2023. Total Direct and Assumed Policy Premiums for 2023 were $6.6 billion, down 3% YoY. Premiums earned of $5.7 billion increased 47% YoY. Medical Loss Ratio improved 370 bps YoY to 81.6%. InsuranceCo Combined Ratio improved 640 bps YoY to 99.5%. Adjusted EBITDA loss of $45 million improved by $417 million YoY. Net loss of $271 million improved by $339 million YoY. The company anticipates Total Revenue of $8.3 billion to $8.4 billion, a Medical Loss Ratio of 80.2% to 81.2%, a SG&A Expense Ratio of 20.5% to 21.0%, and Total Company Adjusted EBITDA of $125 million to $175 million for 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
24.38%
Tags
-
Rhea-AI Summary
Oscar Health, Inc. announced the grant of employment inducement restricted stock unit awards to 11 new non-executive employees, covering an aggregate of 104,586 Class A shares of Oscar’s common stock. The awards generally vest quarterly over a one-year period following their vesting commencement date, subject to continued employment. They were granted under Oscar’s 2022 Employment Inducement Award Plan as employment inducement awards pursuant to the New York Stock Exchange rules.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.88%
Tags
none
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Rhea-AI Summary
Oscar Health, Inc. will release its Q4 and full year 2023 financial results on February 7, 2024. A conference call will be held to review the results at 5:00 PM (ET). The call-in number and webcast link will be provided. The call will be archived on Oscar's investor relations website for 90 days.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.69%
Tags
Rhea-AI Summary
Oscar Health, Inc. (OSCR) CEO Mark Bertolini to Provide Business Update at J.P. Morgan Healthcare Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.62%
Tags
conferences
-
Rhea-AI Summary
Oscar Health, Inc. (OSCR) announces the recipients of its Culturally Competent Care Grants, part of Oscar’s CCC Program. A $30,000 grant will be awarded to Community Health Works (CHW) and MedHaul, supporting Hispanic-and Spanish-speaking communities and providing inclusive transportation for underserved populations. The program aims to address social, cultural, and linguistic barriers to improve health outcomes in underserved communities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.93%
Tags
none
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Rhea-AI Summary
Oscar Health, Inc. (OSCR) Announces Private Placement Agreements with Deerfield Management and Anahata Foundation
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.8%
Tags
none
Rhea-AI Summary
Oscar Health, Inc. (NYSE: OSCR) announces CEO Mark Bertolini to present at Wolfe Research Healthcare Conference on November 15, 2023. Interested parties can access live webcast at www.ir.hioscar.com. Webcast replay available for 90 days.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.5%
Tags
conferences
Oscar Health Inc

NYSE:OSCR

OSCR Rankings

OSCR Stock Data

3.39B
171.10M
1.79%
80.15%
3.02%
Direct Health and Medical Insurance Carriers
Finance and Insurance
Link
United States
New York

About OSCR

healthcare is broken; we're trying to fix it. the oscar team is focused on utilizing technology, design and data to humanize healthcare. we're a group of technology and healthcare professionals who looked at the current state of the us healthcare system, got frustrated by the horrible consumer experience, and decided to do something big about it. backed by a renowned set of investors and advisors, we’ve set out to revolutionize healthcare.