en.wikipedia.org/wiki/ZoomCare
3 corrections found
PeaceHealth acquired Zoom in 2019
This acquisition happened in 2018, not 2019. PeaceHealth announced the deal on December 18, 2018, and ZoomCare later described the chain as having been sold to PeaceHealth in 2018.
Full reasoning
Multiple primary and company-hosted sources place the PeaceHealth transaction in 2018, not 2019.
- PeaceHealth's own announcement is dated December 18, 2018 and says it had signed a definitive agreement to acquire ZOOM+Care, with the acquisition expected to close Dec. 31, 2018.
- ZoomCare's January 16, 2025 news page says founders Dave Sanders and Albert DiPiero "sold the chain in 2018 to PeaceHealth."
So the article's statement that PeaceHealth acquired Zoom in 2019 is inconsistent with both PeaceHealth's announcement and ZoomCare's own retrospective description of the deal.
2 sources
- PeaceHealth to acquire ZOOM+Care® to expand on-demand primary and specialty care across the Pacific Northwest | PeaceHealth
December 18, 2018 ... PeaceHealth's acquisition of ZOOM+Care is expected to close Dec. 31, 2018.
- Portland-based ZoomCare to accept Medicare and Medicare Advantage
The pair sold the chain in 2018 to PeaceHealth, a $2.6 billion Catholic health system based in Vancouver.
As of December 1, 2024, ZoomCare began accepting Medicare and Medicare Advantage insurance.
The December 1, 2024 date is wrong. ZoomCare says Medicare Advantage at all clinic locations began January 1, 2025, while broader rollout occurred in December 2024 after earlier pilot clinics had already started accepting Medicare in summer 2024.
Full reasoning
The article gives a specific start date of December 1, 2024, but ZoomCare's own materials describe a different timeline.
- ZoomCare's Medicare FAQ says: "Most Medicare Advantage plans are accepted at all ZoomCare clinic locations, beginning January 1, 2025."
- A ZoomCare-hosted Portland Business Journal article says ZoomCare "started seeing traditional Medicare patients in Seattle last spring and rolled it out on a wider basis in December 2024. By Jan. 1, 2025, it was accepting both Medicare and Medicare Advantage at all clinics."
- ZoomCare's January 16, 2025 press release likewise says the company had already begun accepting Medicare at its Edmonds and Woodinville clinics "last summer" before rolling the program out company-wide.
That means December 1, 2024 is not the correct start date for ZoomCare generally: some clinics were already accepting Medicare before then, and all clinics were not accepting Medicare Advantage until January 1, 2025.
3 sources
- Medicare Plan Coverage and Benefits | ZoomCare
Most Medicare Advantage plans are accepted at all ZoomCare clinic locations, beginning January 1, 2025.
- Portland-based ZoomCare to accept Medicare and Medicare Advantage
ZoomCare started seeing traditional Medicare patients in Seattle last spring and rolled it out on a wider basis in December 2024. By Jan. 1, 2025, it was accepting both Medicare and Medicare Advantage at all clinics.
- ZoomCare Now Accepts Medicare in all 45-Plus Clinics Throughout Oregon and Washington
ZoomCare started accepting Medicare in its Edmonds and Woodinville clinics in Washington in the same timeframe. Based on the pilot's success, the organization proceeded to roll it out company-wide.
Bill Frerichs began serving as chief executive officer in December 2018.
Frerichs was announced in December 2018, but reports said he would become CEO on January 1, 2019. So December 2018 is the wrong start date for his tenure as CEO.
Full reasoning
Contemporaneous reporting says Bill Frerichs did not start serving as CEO in December 2018.
- A December 22, 2018 report in The Bulletin says Frerichs "will move ... to CEO on Jan. 1," meaning the appointment was announced in December but took effect at the start of 2019.
- Later reporting from The Lund Report described Torben Nielsen in May 2019 as replacing interim Zoom CEO Bill Frerichs, who was leaving the company at the end of May.
So the Wikipedia sentence gets the timing wrong: Frerichs was named in December 2018, but he began serving as CEO on January 1, 2019.
2 sources
- National business briefing | The Bulletin
Bill Frerichs will move from senior vice-president of retail health to CEO on Jan. 1.
- PeaceHealth Names New ZoomCare CEO | The Lund Report
Torben Nielsen replaces interim Zoom CEO Bill Frerichs, who is leaving the company May 30, PeaceHealth said Tuesday.