Six months after buying health care clinic chain ZoomCare, PeaceHealth has installed one of its own executives as CEO of the business, which has rapid-service clinics in the Portland and Seattle metro areas.
This article is for premium subscribers. Please sign up here for a tax-deductible subscription.
If you're a premium subscriber, sign in below.
As a big player in the Northwest’s health care industry, PeaceHealth is hamstrung by a curious liability: It has no commanding presence in the region’s two major and thriving markets in Portland and Seattle.
The CEO of ZoomCare is stepping down at the end of the year and an insider will take his place, the company announced Friday.
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.
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.