Oak Street Health and One Medical bag high Q3 earnings - Business Insider

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Oak Street Health and One Medical reached sky-high earnings in Q3, while traditional primary care practices are on life support as the pandemic exacerbates financial woes

This is creating gaps in care delivery that are only being compounded by impending physician shortages:

primary care providers are considering ditching their field, according to an August 2020 survey by Primary Care Collaborative., along with the aging population—and startups like One Medical and Oak Street Health have the potential to fill in gaps in primary care because they bring something innovative and valuable to the table: virtual care and digital tools that can optimize care, costs, and customer experience.

 

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