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Oak Street Health States that Its Policy is Not to Comment on Unusual Market Activity
Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
Oak Street Health (NYSE: OSH) announced that the New York Stock Exchange reached out regarding unusual market activity related to its stock. The company maintains a policy of not commenting on such activities. Established in 2012, Oak Street Health operates over 160 primary care centers across 21 states, focusing on value-based care for Medicare adults. It is the sole primary care provider carrying the AARP name and has received various awards for its workplace culture and healthcare approach.
Positive
Operates over 160 centers across 21 states, indicating substantial growth.
Exclusive primary care provider for AARP, enhancing brand credibility.
Awarded Top Workplaces USA by Energage, showcasing a strong workplace culture.
Negative
Unusual market activity raises concerns about stock stability.
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 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 160 centers across 21 states and is the only primary care provider to carry the AARP name. The Company is a winner of Energage's 2022 Top Workplaces USA award, was recognized by Inc. on its inaugural Best-Led Companies of 2021 list and was honored as a recipient of the 2022 and 2021 Joy in Medicine™ Health System Recognition Program by the American Medical Association. To learn more about Oak Street Health’s proven approach to care, visit oakstreethealth.com or read its Social Impact Report.
