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Oscar s revenue is spiking, but it s still losing money
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Oscar Health s first quarter financial results, its first since a $1.4 billion IPO in March, have the tech-focused insurance company s cheerleaders celebrating a game point scored. But skeptics point to a glaring $87.4 million loss as a reminder that Oscar has yet to turn a profit, seven years in.
The SoHo-based company on Thursday reported $369 million in revenue during the first quarter, which ran from January through the end of March, compared with $88 million in the first quarter of 2020. Its $87.4 million net loss during the quarter was down from a net loss just under $97 million in the first quarter of 2020.
CURE Media Group Opens Nominations for 2021 Lung Cancer Heroes® Awards Program
The annual awards program recognizes exceptional heroes who have gone above and beyond to make a difference in the lives of individuals affected by lung cancer.
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CRANBURY, N.J., May 12, 2021 /PRNewswire/ CURE Media Group the industry-leading multimedia platform devoted to cancer updates and research that reaches over 1 million patients, survivors and caregivers, is excited to announce that nominations are now being accepted for the second annual 2021 Lung Cancer Heroes® awards program, until Wednesday, June 30.
CURE® is now accepting nominations for the second annual Lung Cancer Heroes® award until Wednesday, June 30!