Oscar Health has announced Stock Purchase Agreements with Deerfield Management Company and the Anahata Foundation, a charity established by Oscar’s CEO Mark T. Bertolini. Deerfield plans to purchase 3 million shares of Oscar’s common stock and Anahata 2 million shares. The closing of the private placements is expected to occur on or around November 22, 2023.
The True Cost of Focusing on Cost Instead of Cost-Effectiveness
When payors consider only the cost of the medication and not the cost and risk to the patient, doctor, and healthcare system, the irony is
