ZoomCare

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ZoomCare
Founded2006; 16 years ago (2006)
Founders
  • Dave Sanders
  • Albert DiPiero
Headquarters
Portland, Oregon
,
United States
Number of locations
47[1] (2020)
Key people
Torben Nielsen (CEO)
Websitezoomcare.com

ZoomCare (stylized as ZOOM+care) 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]

History[]

Clinic in Portland, Oregon's Woodstock neighborhood, 2013

ZoomCare's first clinic was opened in Tigard, Oregon, in 2006.[7] The company opened its eighth clinic in 2011.[8] In 2012, ZoomCare began offering medical care at no cost at one location for one evening each month.[9]

The company made a minority equity deal with Endeavour Capital in mid 2014.[10] ZoomCare operated 23 clinics in Oregon, Washington, and Idaho at the time.[11] The company also started offering insurance in 2014,[12] but left the market by December 31, 2017.[13][14] Zoom Health had approximately 2,700 customers.[15]

In March 2015, ZoomCare announced a nine-location expansion.[16] The company announced a name change to as well as business model changes in May,[17] becoming known as Zoom+ Performance Health Insurance.[18] By mid 2015, there were 21 clinics in the Portland metropolitan area and Salem, plus six in Seattle.[12]

The company does not accept Medicare or Medicaid insurance, as of mid 2016.[19][20] In July 2016, ZoomCare settled a trademark infringement lawsuit brought by Blue Cross and Blue Shield in 2015.[21][22][23]

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

PeaceHealth, based in Vancouver, Washington, acquired Zoom in December 2018.[2][30]

Recognition[]

ZoomCare won in the "Best Primary Doctor" category in Willamette Week's 2017 readers' poll.[31]

See also[]

References[]

  1. ^ "Zoom+ growth spurt continues, with more clinics, services in the works". Bizjournals.com. Retrieved 2021-11-21.
  2. ^ a b "Vancouver-based PeaceHealth acquires Zoom+Care". The Columbian. December 18, 2018. Retrieved 2019-01-31.
  3. ^ Adams-Ockrassa, Suzanne (December 20, 2018). "PeaceHealth purchases Portland urgent care clinic Zoom+Care". The Register-Guard. Retrieved 2019-01-31.
  4. ^ "Zoom Care names new CEO days after acquisition by PeaceHealth". The Oregonian. 21 December 2018. Retrieved 2019-01-31.
  5. ^ a b "Zoom+ appoints new CEO 5 months after PeaceHealth acquisition". Bizjournals.com. Retrieved 2021-11-21.
  6. ^ a b "ZOOM+Care names new CEO". The Columbian. Retrieved 21 November 2021.
  7. ^ Foden-Vencil, Kristian (April 8, 2011). "Zoomcare: Putting A Price Tag On Health Care". Oregon Public Broadcasting.
  8. ^ Budnick, Nick (August 16, 2011). "Ambitious ZoomCare, expanding quickly in the Portland area, sees 'a clinic on every corner'". The Oregonian.
  9. ^ Budnick, Nick (May 9, 2012). "Portland clinic chain ZoomCare will offer free medical care at one location, one night per month". The Oregonian.
  10. ^ "ZoomCare inks investment deal with Endeavour Capital". Portland Business Journal. July 8, 2014. Retrieved 2019-02-07.
  11. ^ "Health Care Giants Learn From the Little Guys". U.S. News. June 17, 2014. Retrieved 2019-02-07.
  12. ^ a b Holley, Claire (July 28, 2015). "Temple of Zoom". Willamette Week.
  13. ^ "Regulators step in as Zoom prepares to exit". Portland Business Journal. April 5, 2017. Retrieved 2019-02-07.
  14. ^ Manning, Jeff (June 9, 2017). "Feds come knocking at failed Zoom Health". The Oregonian. Retrieved 2019-02-07.
  15. ^ Manning, Jeff (April 2017). "State takes Zoom Health into receivership amid financial discrepancy". The Oregonian. Retrieved February 7, 2019.
  16. ^ "ZoomCare rolls out 9 new clinics as it makes profit". Portland Business Journal. March 2, 2015. Retrieved 2019-02-07.
  17. ^ "ZoomCare changes name and shifts business model". Portland Business Journal. May 22, 2015. Retrieved 2019-02-07.
  18. ^ "The making of zoom". Bizjournals.com. 2015. Retrieved 2019-05-27.
  19. ^ "Protesters rally at Portland ZOOM+Care clinic". Kgw.com.
  20. ^ Hayes, Elizabeth (October 8, 2014). "Why doesn't ZoomCare take Medicaid or Medicare? CEO Dave Sanders explains". Portland Business Journal. Retrieved 2019-02-07.
  21. ^ "Zoom+ settles lawsuit over logo". Portland Business Journal. July 25, 2016. Retrieved 2019-02-07.
  22. ^ Green, Aimee (October 6, 2015). "Do Zoom+ and Blue Cross logos look too much alike? Blue Cross thinks so and sues (poll)". The Oregonian.
  23. ^ Hayes, Elizabeth (October 5, 2015). "Blue Cross sues Zoom+ over logo". Portland Business Journal.
  24. ^ "FBI subpoenas Zoom for insurance records". Portland Business Journal. June 12, 2017. Retrieved 2019-02-07.
  25. ^ "Dave Sanders on Zoom's Painful Year". Portland Business Journal. October 11, 2017. Retrieved 2019-02-07.
  26. ^ "Endeavour Capital ends dispute with Zoom". Portland Business Journal. October 4, 2017. Retrieved 2019-02-07.
  27. ^ "Emails reveal war of words between Zoom and Endeavour Capital". Portland Business Journal. September 27, 2017. Retrieved 2019-02-07.
  28. ^ Hayes, Elizabeth (January 22, 2018). "Zoom+Care shows signs of a comeback after tough 2017". Portland Business Journal. Retrieved February 7, 2019.
  29. ^ Hayes, Elizabeth (April 26, 2018). "After a rough year, Zoom+Care collaborates with insurance giant". Portland Business Journal. Retrieved 2019-02-07.
  30. ^ "PeaceHealth to buy Zoom Care after years of legal, financial troubles". The Oregonian. 18 December 2018. Retrieved 2019-01-31.
  31. ^ "Here are the Winners of the Best of Portland Readers' Poll 2017". Willamette Week. July 12, 2017. Retrieved 2019-02-07.

External links[]

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