04/20/2021 | Press release | Archived content
NEW YORK--(BUSINESS WIRE)-- Oscar Health, Inc. ("Oscar") (NYSE:OSCR), the first health insurance company built around a full stack technology platform, today announced the launch of +Oscar, Oscar's tech-driven platform business designed to help healthcare clients drive improved efficiency, growth and superior engagement with their members and patients.
"We have built Oscar from day one with an eye toward using our technology to power as much of the healthcare ecosystem as possible," said Mario Schlosser, CEO & Co-Founder of Oscar. "Today, we are excited to launch +Oscar and meet the demand for our platform within the provider and payor space. It's an affirmation of our vision from those early days and will serve as a critical growth driver for our business in the years to come."
Oscar also announced that Meghan Joyce will oversee +Oscar. Meghan joined the company in 2019 and has helped the organization successfully launch Virtual Primary Care and the Cigna+Oscar small group product. In her new role, Meghan will be responsible for the growth and expansion of the +Oscar business, as well as supporting the operations and implementation for existing +Oscar customers, including the Oscar health insurance companies, Cigna+Oscar and Health First Health Plans.
"Oscar's superpower has always been member engagement," said Meghan Joyce, COO and EVP of +Oscar. "We've built a member engagement engine that has been second to none at influencing member behavior, and have made great strides in bending the cost curve. We have a proven track record with the Oscar insurance business and are excited to offer our member engagement services to others across the U.S. healthcare ecosystem and expand the impact we can make."
+Oscar's full-stack technology platform is what truly sets the offering apart. Coded in Python, Go and React, the team is able to operate nimbly and continuously deploy new code to meet customers' needs. The cloud-based service architecture and integrated data and analytics layer allows for teams across the +Oscar organization to serve clients in the Individual, Medicare Advantage and Group business lines.
Specifically, +Oscar offers its partners the ability to:
About Oscar Health, Inc.
Oscar Health, Inc. ("Oscar") is the first health insurance company built around a full stack technology platform and a relentless focus on serving its members. At Oscar, our mission is to make a healthier life accessible and affordable for all.
Headquartered in New York City, Oscar has been challenging the health care system's status quo since our founding in 2012. The company's member-first philosophy and innovative approach to care has earned us the trust of approximately 529,000 Americans across 291 counties, as of January 31, 2021. We offer Individual & Family, Small Group and Medicare Advantage plans, and +Oscar, our full stack technology platform to others within the provider and payor space. Our vision is to refactor health care to make good care cost less. Refactor is a term used in software engineering that means to improve the design, structure, and implementation of the software, while preserving its functionality. At Oscar, we take this definition a step further. We improve the member experience by building trust through deep engagement, personalized guidance, and rapid iteration.
Media Contact
Jackie Kahn
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202.538.0128
+Oscar Contact
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