Founded | 2006 |
---|---|
Founders |
|
Headquarters | , United States |
Number of locations | 47[1] (2020) |
Key people | Torben Nielsen (CEO) |
Website | zoomcare |
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]
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]
ZoomCare won in the "Best Primary Doctor" category in Willamette Week's 2017 readers' poll.[31]