PYMNTS.com February 4, 2025
The U.S. healthcare sector has undergone a rapid digital transformation in recent years, driven by a combination of regulatory shifts, consumer demand and technological advancements.
The pandemic accelerated the adoption of telemedicine, remote monitoring and artificial intelligence (AI)-driven diagnostics, making digital health an essential component of modern care delivery.
Against that backdrop, healthcare technology company Oscar Health reported positive fourth-quarter 2024 and full-year financial results Tuesday (Feb. 4), stressing to investors that as consumers expect on-demand, tech-enabled healthcare experiences, Oscar Health’s digital-first strategy aligns with broader market trends.
“Oscar capped the strongest year of financial performance in company history,” said Mark Bertolini, CEO of Oscar Health. “Our strong top and bottom line performance, all-time-high-membership and consistent execution demonstrate our ability...