OSH Oak Street Health

Oak Street Health Announces Plans to Enter 21st State, Kansas Centers to Open in 2022

, Inc. (NYSE: OSH, or the “Company”), a network of value-based primary care centers for adults on Medicare, today announced plans to open centers in Kansas City, Missouri and Kansas City, Kansas, marking its 21st state in 2022. The Company will also expand its presence in its home state of Illinois, with new centers in Chicago and entry into the cities of Aurora, Peoria and Schaumburg throughout the rest of 2021 and into 2022. Additionally, Oak Street Health will broaden its presence in New York City this year with new centers in the Bronx and Queens.

“Our national expansion is one of the most important ways we advance Oak Street Health’s mission of rebuilding healthcare as it should be,” said Mike Pykosz, Chief Executive Officer of Oak Street Health. “It is critical to reach as many older adults as we can to provide the unmatched patient experience and superior clinical outcomes that we are proud to deliver. We look forward to bringing our innovative model of care to new patients in Kansas City, and throughout Illinois and New York City, while also creating employment opportunities for healthcare providers and other residents in those areas.”

Oak Street Health patients can expect an unmatched healthcare experience that includes quality time with their provider in-person or via telehealth visits; a 24/7 patient support line; individualized preventive care plans; and access to transportation to and from the center for eligible patients. Additional services, such as behavioral health care, social health support and Medicare education classes, are also offered to help older adults meet their unique needs in one convenient location.

Since its founding in 2012, Oak Street Health has driven an approximately 51% reduction in patient hospital admissions compared to Medicare benchmarks, a 42% reduction in 30-day readmission rates and a 51% reduction in emergency department visits, all while maintaining a Net Promoter Score of 90 across patients. Oak Street Health will accept multiple health plans at all locations, including traditional Medicare.

To learn more about Oak Street Health’s value-based primary care model, .

About Oak Street Health

Founded in 2012, Oak Street Health is a network of value-based primary care centers for adults on Medicare. With a mission of rebuilding healthcare as it should be, the Company operates an innovative healthcare model focused on quality of care over volume of services, and assumes the full financial risk of its patients. Oak Street Health currently operates more than 100 centers across 18 states and is the only primary care provider to carry the AARP name. To learn more about Oak Street Health’s proven approach to care, visit oakstreethealth.com.

EN
05/10/2021

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Oak Street Health

 PRESS RELEASE

Oak Street Health Announces Cancellation of its 2023 Annual Meeting of...

CHICAGO--(BUSINESS WIRE)-- Oak Street Health, Inc. (NYSE: OSH or “Oak Street Health”), a network of value-based primary care centers for adults on Medicare and the only primary care provider to carry the AARP name, today announced its Board of Directors has cancelled its 2023 Annual Meeting of Stockholders scheduled for Thursday, April 27, 2023, at 8:30 A.M., Central Time (the “Annual Meeting”). This follows the previously announced definitive agreement under which CVS Health Corporation (NYSE: CVS or “CVS Health”), a leading health solutions company, will acquire Oak Street Health in an all-...

 PRESS RELEASE

Oak Street Health States that Its Policy is Not to Comment on Unusual ...

CHICAGO--(BUSINESS WIRE)-- Oak Street Health, Inc. (NYSE: OSH or the “Company”), a network of value-based primary care centers for adults on Medicare and the only primary care provider to carry the AARP name, announced today that in view of the unusual market activity in the Company’s stock, the New York Stock Exchange has contacted the Company in accordance with the Exchange’s usual practice. The Company stated that its policy is not to comment on unusual market activity. About Oak Street Health Founded in 2012, Oak Street Health is a network of value-based primary care centers for adults o...

 PRESS RELEASE

Oak Street Health Achieves Highest Net Savings of Any Direct Contracti...

CHICAGO--(BUSINESS WIRE)-- The statements contained in this document are solely those of the authors and do not necessarily reflect the views or policies of CMS. The authors assume responsibility for the accuracy and completeness of the information contained in this document. Oak Street Health (NYSE: OSH), a network of value-based primary care centers for adults on Medicare and the only primary care provider to carry the AARP name, today announced that the company achieved the out of 53 Direct Contracting Entities (DCEs) in the Global and Professional Direct Contracting (GPDC) Model for the ...

 PRESS RELEASE

Oak Street Health Celebrates Two Recognitions in Crain’s Chicago Busin...

CHICAGO--(BUSINESS WIRE)-- (NYSE: OSH), a network of value-based primary care centers for adults on Medicare and the only primary care provider to carry the AARP name, today announced its Chief Medical Officer, Value-Based Care Strategy, Dr. Ali Khan, has been named a 2022 by Crain’s Chicago Business. Additionally, Oak Street Health also celebrates the recognition of Dr. Michele Mitchell, executive medical director, in Crain’s Chicago Business’ . “Both Ali and Michele have played important roles in Oak Street Health’s mission to rebuild healthcare as it should be, from evolving our care mod...

 PRESS RELEASE

Oak Street Health Launches Nurse Practitioner Fellowship in Adult Prim...

CHICAGO--(BUSINESS WIRE)-- , Inc. (NYSE: OSH, or the “Company”), a network of value-based primary care centers for adults on Medicare, today announced the launch of its new graduate nurse practitioner (NP) training program to provide the necessary skills, support and education required to become a highly confident and competent clinician for older adults. In collaboration with the University of Michigan School of Nursing (UMSN), a nationally recognized leader in NP education, the NP Fellowship in Adult Primary Care is a 12-month paid training program for the inaugural cohort of eight fellows a...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch