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.
IoT and ransomware are big security risks, and health systems feel unprepared
US healthcare organizations are facing an increasing number of sophisticated cybersecurity threats, with almost 400 entities reporting incidents linked to ransomware in 2024. Half of