Inactive Instrument

Oak Street Health, Inc.

Equities

OSH

US67181A1079

Healthcare Facilities & Services

Oak Street Health, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023

May 09, 2023 at 05:07 pm

Oak Street Health, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 743.2 million compared to USD 506.1 million a year ago. Revenue was USD 752 million compared to USD 513.8 million a year ago.

Net loss was USD 45.5 million compared to USD 96.5 million a year ago. Basic loss per share from continuing operations was USD 0.19 compared to USD 0.43 a year ago. Diluted loss per share from continuing operations was USD 0.19 compared to USD 0.43 a year ago.

Latest news about Oak Street Health, Inc.

Strive Health Announces Multi-Year National Collaboration with Oak Street Health	23-08-23	CI
Oak Street Health Plans to Open Centers in Little Rock, Arkansas; Des Moines and Davenport, Iowa; Kansas City, Kansas and Richmond, Virginia	23-05-31	CI
Oak Street Health, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-09	CI
CVS Health Shares on Pace for 52-Week Low After Cutting Earnings Forecast	23-05-03	DJ
CVS Health Cuts Full-Year Profit Outlook on Acquisition Costs Even as First-Quarter Results Top Views	23-05-03	MT
CVS Health cuts annual profit forecast on acquisition costs	23-05-03	RE
CVS Health Closes Oak Street Acquisition	23-05-02	MT
Oak Street Health, Inc.(NYSE:OSH) dropped from S&P Health Care Services Select Industry Index	23-05-02	CI
Oak Street Health, Inc.(NYSE:OSH) dropped from S&P TMI Index	23-05-02	CI
Oak Street Health, Inc.(NYSE:OSH) dropped from S&P Global BMI Index	23-05-02	CI
CVS Health Corporation completed the acquisition of Oak Street Health, Inc. from Newlight Partners LP, General Atlantic LLC and others.	23-04-30	CI
Insider Sell: Oak Street Health	23-04-21	MT
Insider Sell: Oak Street Health	23-04-13	MT
Oak Street Health, Inc. Enter into A Default Waiver and First Amendment to the Loan and Security Agreement with Hercules Capital, Inc	23-04-10	CI
Insider Sell: Oak Street Health	23-04-10	MT
Insider Sell: Oak Street Health	23-04-04	MT
Global dealmaking sinks to lowest level in over a decade	23-03-31	RE
Sector Update: Healthcare Stocks Mostly Higher Late Thursday	23-03-30	MT
Sector Update: Health Care Stocks Mixed Thursday Afternoon	23-03-30	MT
CVS Health Expects to Close Oak Street Health Acquisition in H1; Oak Street Shares Rise Pre-Bell	23-03-30	MT
Oak Street Health Stock Rises Past 4% Pre-Bell After CVS Health Says It Will Likely Close $10.60 Billion Acquisition in H1	23-03-30	MT
CVS Expects to Close Oak Street Acquisition in 1st Half of 2023	23-03-30	DJ
CVS expects to close $8 billion Signify deal this week	23-03-27	RE
Insider Sell: Oak Street Health	23-03-23	MT
Oak Street Health, Interwell Health Launches Joint Venture for Kidney Patients in Dialysis Centers	23-03-22	MT

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Company Profile

Oak Street Health, Inc. is engaged in providing a network of value-based primary care centers for adults on Medicare. The Company operates primary care centers serving Medicare beneficiaries. The Company, through its centers and management services organization, combines a care model with patient experience. The Company invests resources in primary care to prevent unnecessary acute events and manage chronic illnesses. It engages Medicare-eligible patients using a community outreach approach. Once patients are engaged, it integrates population health analytics, social support services, and primary care into the care model. It operates through its direct and indirect subsidiaries, primarily Oak Street Health MSO, LLC (OSH MSO). OSH MSO operates as a management services organization and is in the business of providing management and other administrative services to its affiliated physician practice organizations. It operates approximately 170 centers across 21 states.

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Healthcare Facilities & Services

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