Page 9 - Mark Bertolini News Today

Healthcare

Operator: Good afternoon. My name is Lisa, and I will be your conference operator today. At this time, I would like to welcome everyone to Oscar Health 2023 First Quarter Earnings Conference Call. .

Insurtech Oscar Health signaled during an earnings call on Tuesday that it will be exiting California's individual market beginning next year, with CEO Mark Bertolini saying the plan has fallen short of the company's goals. "We're announcing today that we have decided to pause our participation in the California individual market for planned year 2024 as the plan has not met

For the quarter ended March 31, 2023: Direct and Assumed Policy Premiums of $1.7 billion, a 2% increase YoY Premms earned of $1.4 billion, a 50% increase YoY Medical Loss Ratio of 76.3%, a... | May 9, 2023

Oscar Health narrowed its net loss 48.7% to $39.6 million during the first quarter.

Longleaf Partners, managed by Southeastern Asset Management, released its “Small-Cap Fund” first-quarter 2023 investor letter. A copy of the same can be downloaded here.

Discover the latest and breaking Health news from The Wall Street Journal.

Damian Connelly has a brand new series from Sumerian Comics for July, with Gabriel Kikot, The Children Of The Comet.

Ray Dalio, Bridgewater Associates founder, dished out some classic investing advice to ChatGPT over the weekend.

Here is a selection of recent executive hires, promotions and layoffs occurring across the healthcare industry.