Those numbers come as the company reported revenues rising to total $545 million for the third quarter and almost $1.6 billion for the nine month period. Those figures compare with revenues of $388.7 million and $1.04 billion in the respective periods in 2021.
Oak Street, which trades under the ticker OSH on the New York Stock Exchange, is seeking to expand nationally with its value-based care model. The company has increased its clinical care facilities by over 50 locations in the past year.
The company bought virtual consult platform, RubiconMD, a year ago for $130 million.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
