Oscar Health

On March 4th at League Connect, I'll be joining a panel discussion on how AI is changing the way we consume healthcare. Your journey may just be getting started, but this group of leaders will dive into their own AI use cases—what worked for us, what didn’t, and how we can iterate to solve some of healthcare’s biggest challenges. I'm joined by Shawn Wang (Chief AI Officer, Gainwell Technologies), Mario Schlosser (Co-founder and President of Technology, Oscar Health), and AI Healthcare Leader Amy Waldron. Apply to attend here → https://bit.ly/3Q3ftid

We’re hiring for a Senior Product Designer on our Network team at Oscar. This is where we create products and services that we use ourselves, and our provider partners use to interact with us. The software and experiences made in this team are what help us manage our relationships, data, and accuracy, resulting in an exceptional provider, internal team, and member experience. If you’re looking for a place to become a deep subject matter expert and get into the weeds of how we make products that solve real, big problems, apply at the job posting below. This person gets a chance to work with amazingly talented partners like Trevor Murphy, Erin Landau, Brenton Caldwell, just a few names from a long list of my favorite people. https://lnkd.in/eKniKkAu

“By harnessing AI-driven personalization, Oscar is not only improving member engagement but also driving meaningful changes in healthcare utilization,” says David Forman, Associate Director, Product Marketing at Oscar. A recent Oscar experiment shows how ChatGPT and other AI tools might transform member communication. Read more: https://bit.ly/3Q3ypgO

In 2022 alone there were 155 million visits to emergency rooms in the United States. Many of them could have been prevented if patients opted for primary, urgent, or virtual urgent care. Oscar believes that generative AI could help make it easier for members to make smarter healthcare decisions. In our latest story, Oscar’s David Forman explains how. Read more: https://bit.ly/3Q3ypgO

"Oscar Health is rapidly deploying artificial intelligence in more areas of its business, CEO Mark Bertolini told investors during its fourth-quarter earnings call." Read Fierce Healthcare's coverage of Oscar's fourth quarter and full year 2024 results. https://bit.ly/3Q6RqPr

Generative AI could transform how providers communicate with patients. In a recent experiment, Oscar combined ChatGPT with our Campaign Builder tool to power customized communications to some members who had recently visited the ER. The result: An 8.5% reduction in ER outpatient visits in the test group compared to the control group, explains Oscar’s David Forman. Read more: https://bit.ly/3Q3ypgO

Oscar Health reported a $25 million profit for the full year 2024 -- its first annual net income since the Obamacare provider was founded 12 years ago -- as the health insurer achieved record enrollment and revenue growth.

“Oscar reported positive full year 2024 results, capping the strongest year of financial performance in Company history,” said Mark Bertolini, CEO of Oscar Health. “We reported both Adjusted EBITDA and net income profitability – two significant milestones. Our strong top and bottom line performance, all-time-high-membership, and consistent execution demonstrate our ability to deliver sustained profitable growth.” Read our full fourth quarter and full year report here: https://bit.ly/3WPTNdb

Dennis Hillen, Senior Vice President of Insurance Strategy at Oscar, recently sat down with the Becker's Healthcare Payer Issues Podcast to discuss his work at Oscar. He shares his perspective on Oscar’s strategy, our Spanish-first programs, and how we drive member engagement. Listen to the full episode here: https://lnkd.in/g-A2QdfT

At Oscar, we're creating a culture of innovation that inspires and excites our team every single day. Hear firsthand from employees about what excites them most about working at Oscar and how they're making a real impact in the world of healthcare. https://lnkd.in/g5wpacbD #LifeAtOscar