PeaceHealth, the Vancouver-based health care system with hospitals across the Northwest, announced on Tuesday that it is buying ZoomCare, a chain of neighborhood clinics that’s spread from Tigard to Seattle and Salem in just over a decade.
Portland-based ZOOM+Care is dipping its toe back into the world of health insurance through a partnership with Aetna that will target large, cost-conscious employers – fulfilling a prophecy the Portland-based healthcare innovator’s founders made last year after shutting down their small-business
With at least two employers under its belt – New Seasons Market and DSU Trucks -- Zoom+ is heading to Seattle and Vancouver, having filed initial paperwork with that state’s insurance commissioner.
As officials start digesting the proposed rates for the individual and small group marketplace next year, ZoomCare is ahead of the race at the start-out gate, offering the lowest price for a standard individual silver plan -- $233 a month – compared to its nearer competitors, Health Net at $240 and the Oregon Health CO-OP at $241.
The news that ZoomCare has captured New Seasons Market came as no surprise to onlookers because the same equity firm that filtered millions of dollars into ZoomCare’s pockets has also heavily invested in New Seasons – Endeavor Capital.
ZoomCare’s on the move and preparing to take on the big guys – Providence, Kaiser, Moda and the like.
Yesterday’s announcement about its 28-site neighborhood health campus in Portland, is just the first hint of new developments.
(Portland, OR) Over the weekend ZoomCare's entire team celebrated the newest ZoomCare innovation - the “Zoom Builders Club” - an employee stock option plan that rewards Zoom’s deep ownership culture.
Last week, Anthem Blue Cross crossed a high-water mark.
By now, Jack Friedman, CEO of Providence Health Plan, had expected to turn over the reins to his successor, after 15 years at the helm. That’s what he anticipated last May when he made the announcement to his colleagues.