Oscar Health Inc (NYSE:OSCR)
$ 15.03 -1.52 (-9.18%) Market Cap: 4.09 Bil Enterprise Value: 2.95 Bil PE Ratio: 0 PB Ratio: 3.58 GF Score: 60/100

Oscar Health Inc at Bank of America Global Healthcare Conference Transcript

May 10, 2023 / 10:00PM GMT
Release Date Price: $6.86 (-3.92%)
Unidentified Analyst

I want to thank everyone for joining us today. It's my pleasure to be introducing Oscar Health. Oscar is a tech-driven health insurance firm. And presenting today, we have Mark Bertolini, CEO; and Sid Sankaran, the CFO. We also have Cornelia Miller from Investor Relations in the audience as well. So I think we just jump into Q&A unless there's anything you want to - all right. Let's do it.

Questions & Answers

Unidentified Analyst;Siddhartha Sankaran

So I guess, maybe just to start off, I'm going to ask the first one to Sid because bringing Mark in from a company perspective, it's kind of unusual for you've got a founder-driven company who things are going well. You're on track to do the guidance basically that on the health insurance side, certainly that you laid out at your IPO, things are going well. The founders gave up some founding shares. To bring Mark in? What was the catalyst behind it? What did you think that Oscar needed that someone from the outside with Mark experience could bring to the company?

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