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Bob Herman Apr 25, 2017
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Zoom gets closer to full health insurance exit

Zoom CEO Dr. Dave Sanders / Zoom

Venture-backed startup Zoom said earlier in April it is exiting the entire health insurance market, and now it's officially entering voluntary receivership with the state of Oregon, spokesman Len Bergstein confirmed to Axios. The Oregon-based company began several years ago as a chain of neighborhood clinics, and it expanded into health insurance in 2015 with the hopes of becoming the next iteration of the successful Kaiser Permanente organization.