ZoomCare explained

ZoomCare
Predecessors:-->
Successors:-->
Hq Location City:Tigard, Oregon
Hq Location Country:United States
Num Locations:47[1]
Num Locations Year:2020
Areas Served:-->
Key People:Jeff Fee (CEO)
Profit:-->
Profit Year:-->
Owners:-->

ZoomCare is a Portland, Oregon-based chain of health care clinics. The company has 37 clinics in the U.S. states of Oregon and Washington, as of December 2018.[2]

Zoom was co-founded by Dave Sanders and Albert DiPiero in 2006.[3] Bill Frerichs began serving as chief executive officer in December 2018.[4] In May 2019, Torben Nielsen was named CEO, replacing interim CEO Bill Frerichs.[5] [6] PeaceHealth acquired Zoom in 2019 and appointed Torben Nielsen as CEO.[5] [6] On July 14th, 2021 Jeff Fee was appointed as the new CEO, replacing Torben Nielsen.[7]

History

ZoomCare's first clinic was opened in Tigard, Oregon, in 2006.[8] The company opened its eighth clinic in 2011.[9] In 2012, ZoomCare began offering medical care at no cost at one location for one evening each month.[10]

The company made a minority equity deal with Endeavour Capital in mid 2014.[11] ZoomCare operated 23 clinics in Oregon, Washington, and Idaho at the time.[12] The company also started offering insurance in 2014,[13] but left the market by December 31, 2017.[14] [15] Zoom Health had approximately 2,700 customers.[16]

In March 2015, ZoomCare announced a nine-location expansion.[17] The company announced a name change to as well as business model changes in May,[18] becoming known as Zoom+ Performance Health Insurance.[19] By mid 2015, there were 21 clinics in the Portland metropolitan area and Salem, plus six in Seattle.[13]

The company does not accept Medicare or Medicaid insurance, as of mid 2016.[20] [21] In July 2016, ZoomCare settled a trademark infringement lawsuit brought by Blue Cross and Blue Shield in 2015.[22] [23] [24]

ZoomCare was subpoenaed for medical records by the Federal Bureau of Investigation in mid 2017.[25] The company also settled with Oregon insurance officials over a financial statement discrepancy in 2017.[26] In October, Endeavour decided to invest $24 million in ZoomCare, after settling a dispute out of court.[27] [28] ZoomCare was profitable in 2017.[29] The company and Aetna partnered on Aetna Whole Health in 2018.[30]

PeaceHealth, based in Vancouver, Washington, acquired Zoom in December 2018.[2] [31]

Recognition

ZoomCare won in the "Best Primary Doctor" category in Willamette Week 2017 readers' poll.[32]

See also

Notes and References

  1. Web site: Zoom+ growth spurt continues, with more clinics, services in the works. Bizjournals.com. 2021-11-21. 2022-12-05. https://web.archive.org/web/20221205235226/https://www.bizjournals.com/portland/news/2020/02/06/zoom-growth-spurt-continues-with-more-clinics.html. live.
  2. News: Vancouver-based PeaceHealth acquires Zoom+Care. December 18, 2018. The Columbian. 2019-01-31. 2019-02-01. https://web.archive.org/web/20190201065259/https://www.columbian.com/news/2018/dec/18/peacehealth-acquires-zoomcare/. live.
  3. News: PeaceHealth purchases Portland urgent care clinic Zoom+Care. Adams-Ockrassa. Suzanne. December 20, 2018. The Register-Guard. 2019-01-31. 2019-02-01. https://web.archive.org/web/20190201070835/https://www.registerguard.com/news/20181220/peacehealth-purchases-portland-urgent-care-clinic-zoomcare. live.
  4. Web site: Zoom Care names new CEO days after acquisition by PeaceHealth. The Oregonian. 21 December 2018. 2019-01-31. 2019-02-01. https://web.archive.org/web/20190201013518/https://www.oregonlive.com/business/2018/12/zoom-care-names-new-ceo-days-after-acquisition.html. live.
  5. Web site: Zoom+ appoints new CEO 5 months after PeaceHealth acquisition. Bizjournals.com. 2021-11-21. 2022-12-05. https://web.archive.org/web/20221205235226/https://www.bizjournals.com/portland/news/2019/05/28/zoom-appoints-new-ceo-5-months-after-peacehealth.html. live.
  6. News: ZOOM+Care names new CEO. The Columbian. 21 November 2021. 24 September 2021. https://web.archive.org/web/20210924191703/https://www.columbian.com/news/2019/may/28/zoomcare-names-new-ceo/. live.
  7. Web site: ZoomCare board announces appointment of Jeffrey Fee as CEO—Seasoned healthcare executive and entrepreneur to lead ZoomCare's on-demand healthcare platform . 2024-06-26 . www.zoomcare.com.
  8. Web site: Zoomcare: Putting A Price Tag On Health Care. Kristian. Foden-Vencil. Oregon Public Broadcasting. April 8, 2011. February 7, 2019. February 9, 2019. https://web.archive.org/web/20190209124030/https://www.opb.org/news/article/zoomcare-putting-price-tag-health-care/. live.
  9. Web site: Ambitious ZoomCare, expanding quickly in the Portland area, sees 'a clinic on every corner'. Nick. Budnick. August 16, 2011. The Oregonian. February 7, 2019. February 9, 2019. https://web.archive.org/web/20190209180129/https://www.oregonlive.com/health/2011/08/zoomcare_expanding_quickly_see.html. live.
  10. Web site: Portland clinic chain ZoomCare will offer free medical care at one location, one night per month. Nick. Budnick. May 9, 2012. The Oregonian. February 7, 2019. January 21, 2021. https://web.archive.org/web/20210121184719/https://www.oregonlive.com/health/2012/05/portland_clinic_chain_zoomcare.html. live.
  11. Web site: ZoomCare inks investment deal with Endeavour Capital. July 8, 2014. Portland Business Journal. 2019-02-07. 2015-03-22. https://web.archive.org/web/20150322221041/http://www.bizjournals.com/portland/blog/2014/07/zoomcare-inks-investment-deal-with-endeavour.html. live.
  12. Web site: Health Care Giants Learn From the Little Guys. June 17, 2014. U.S. News. 2019-02-07. 2019-02-09. https://web.archive.org/web/20190209124544/https://www.usnews.com/news/articles/2014/06/17/startups-and-modern-technology-revitalizing-the-health-care-experience. live.
  13. Web site: Temple of Zoom. Claire. Holley. July 28, 2015. Willamette Week. February 7, 2019. February 9, 2019. https://web.archive.org/web/20190209124631/https://www.wweek.com/portland/article-25158-temple-of-zoom.html. live.
  14. Web site: Regulators step in as Zoom prepares to exit. Portland Business Journal. April 5, 2017. 2019-02-07. 2017-08-23. https://web.archive.org/web/20170823230022/https://www.bizjournals.com/portland/news/2017/04/05/regulators-step-in-as-zoom-prepares-to-exit.html. live.
  15. News: Feds come knocking at failed Zoom Health. Manning. Jeff. June 9, 2017. The Oregonian. 2019-02-07. 2019-02-09. https://web.archive.org/web/20190209124029/https://www.oregonlive.com/business/2017/06/feds_coming_knocking_at_failed.html. live.
  16. News: Manning . Jeff . State takes Zoom Health into receivership amid financial discrepancy . February 7, 2019 . The Oregonian . April 2017 . February 9, 2019 . https://web.archive.org/web/20190209123940/https://www.oregonlive.com/business/2017/04/state_takes_zoom_into_receiver.html . live .
  17. Web site: ZoomCare rolls out 9 new clinics as it makes profit. March 2, 2015. Portland Business Journal. 2019-02-07. 2022-12-05. https://web.archive.org/web/20221205235226/https://www.bizjournals.com/portland/blog/health-care-inc/2015/03/zoomcare-rolls-out-9-new-clinics-as-it-makes.html. live.
  18. Web site: ZoomCare changes name and shifts business model. May 22, 2015. Portland Business Journal. 2019-02-07. 2015-09-02. https://web.archive.org/web/20150902004932/http://www.bizjournals.com/portland/blog/health-care-inc/2015/05/zoomcare-changes-name-shifts-business-model.html. live.
  19. Web site: The making of zoom . 2015 . Bizjournals.com . 2019-05-27 . 2021-01-23 . https://web.archive.org/web/20210123091123/https://www.bizjournals.com/portland/blog/health-care-inc/2015/06/the-making-of-zoom-s-dave-sanders-the-quiet.html . live .
  20. Web site: Protesters rally at Portland ZOOM+Care clinic. Kgw.com. 2019-02-07. 2019-02-09. https://web.archive.org/web/20190209123950/https://www.kgw.com/article/news/health/protesters-rally-at-portland-zoomcare-clinic/283-269952849. live.
  21. News: Hayes. Elizabeth. October 8, 2014. Why doesn't ZoomCare take Medicaid or Medicare? CEO Dave Sanders explains. Portland Business Journal. 2019-02-07. 2015-08-25. https://web.archive.org/web/20150825073211/http://www.bizjournals.com/portland/blog/health-care-inc/2014/10/why-zoomcare-doesn-t-take-medicaid-or-medicare.html. live.
  22. Web site: Zoom+ settles lawsuit over logo. Portland Business Journal. July 25, 2016. 2019-02-07. 2016-07-25. https://web.archive.org/web/20160725201512/http://www.bizjournals.com/portland/blog/health-care-inc/2016/07/zoom-settles-lawsuit-over-logo.html. live.
  23. Web site: Do Zoom+ and Blue Cross logos look too much alike? Blue Cross thinks so and sues (poll). Aimee. Green. October 6, 2015. The Oregonian. February 7, 2019. February 9, 2019. https://web.archive.org/web/20190209124003/https://www.oregonlive.com/pacific-northwest-news/2015/10/do_zoom_and_blue_cross_logos_l.html. live.
  24. News: Hayes. Elizabeth. October 5, 2015. Blue Cross sues Zoom+ over logo. Portland Business Journal. February 7, 2019. August 11, 2020. https://web.archive.org/web/20200811103407/https://www.bizjournals.com/portland/blog/health-care-inc/2015/10/blue-cross-sues-zoom-over-logo.html. live.
  25. Web site: FBI subpoenas Zoom for insurance records. June 12, 2017. Portland Business Journal. 2019-02-07. 2017-06-19. https://web.archive.org/web/20170619171659/http://www.bizjournals.com/portland/news/2017/06/12/fbi-subpoenas-zoom-for-insurance-records-ex.html. live.
  26. Web site: Dave Sanders on Zoom's Painful Year. October 11, 2017. Portland Business Journal. 2019-02-07. 2022-12-05. https://web.archive.org/web/20221205235226/https://www.bizjournals.com/portland/news/2017/10/11/dave-sanders-on-zooms-painful-year.html. live.
  27. Web site: Endeavour Capital ends dispute with Zoom. Portland Business Journal. October 4, 2017. 2019-02-07. 2022-12-05. https://web.archive.org/web/20221205235226/https://www.bizjournals.com/portland/news/2017/10/04/endeavour-ends-dispute-with-zoom-agreesto-invest.html. live.
  28. Web site: Emails reveal war of words between Zoom and Endeavour Capital. Portland Business Journal. September 27, 2017. 2019-02-07. 2022-12-05. https://web.archive.org/web/20221205235226/https://www.bizjournals.com/portland/news/2017/09/27/emails-reveal-war-of-words-between-zoom-endeavor.html. live.
  29. Hayes . Elizabeth . Zoom+Care shows signs of a comeback after tough 2017 . Portland Business Journal . January 22, 2018 . February 7, 2019 . December 5, 2022 . https://web.archive.org/web/20221205235226/https://www.bizjournals.com/portland/news/2018/01/22/zoom-care-shows-signs-of-a-comeback-after-tough.html . live .
  30. News: Hayes. Elizabeth. April 26, 2018. After a rough year, Zoom+Care collaborates with insurance giant. Portland Business Journal. 2019-02-07. 2022-09-22. https://web.archive.org/web/20220922114921/https://www.bizjournals.com/portland/news/2018/04/26/after-a-rough-year-zoom-care-collaborates-with.html. live.
  31. Web site: PeaceHealth to buy Zoom Care after years of legal, financial troubles. The Oregonian. 18 December 2018. 2019-01-31. 2019-02-01. https://web.archive.org/web/20190201013038/https://www.oregonlive.com/business/2018/12/peacehealth-to-buy-zoom-care-after-years-of-legal-financial-troubles.html. live.
  32. Web site: Here are the Winners of the Best of Portland Readers' Poll 2017. Willamette Week. July 12, 2017. 2019-02-07. 2019-01-06. https://web.archive.org/web/20190106055250/https://www.wweek.com/promotions/2017/02/16/best-of-portland-readers-poll-2017/. live.

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "ZoomCare".

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