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Working at Renew

Zippia Score 4.3

Overview

JobsRevenue

Reviews

DemographicsCEO & Executives

Renew overview

Industry
Wholesale
Revenue
$500K
Headquarters
Employees
50
Founded In
Organization Type
Private
CEO
Oscar Health
Social Media
Medications account for about 20% of total health care spending, are the most frequent clinical intervention delivered by doctors to patients, and are the most frequent interaction patients experience with their health plans. Medications (particularly specialty) are also the fastest growing spend category for health plans. Health plans rely on pharmaceutical benefits managers (PBMs) to develop formularies and negotiate prices. We believe PBMs have misaligned incentives with health plans and patients. Traditional PBMs tend to make more money when medications are more expensive and when patients take more of them. Renew Health's business model is designed to align with health plans and patients. We envision charging fixed fees on a per-member and per-task basis to administer medications while passing through drug related costs and rebates to health plans. Renew Health would also be compensated for delivering clinical services designed to improve outcomes and lower the total cost of care for health plans, thereby aligning Renew Health's revenue with value for payers and patients.
The staff at Renew come from unusually diverse demographic backgrounds. The company is 57.4% female and 34.4% ethnic minorities. Despite its diversity in other areas, Renew employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Democratic Party, at 71.0%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Democratic Party. Renew has great employee retention with staff members usually staying with the company for 3.9 years.
Renew is a small manufacturing company based in Centennial, CO with only 50 employees and an annual revenue of $499,999.

Renew's Mission Statement

To transform lives and relationships through high-quality mental health care.

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The team at Renew

  • The founders of Renew are Oscar Health, Kevin Nazemi and Tony Degangi.
  • The key people at Renew are Oscar Health, Kevin Nazemi and Tony Degangi.
Key People
O
Oscar Health
K
Kevin Nazemi
T
Tony Degangi

Renew Rankings

Renew is ranked #46 on the Best Manufacturing Companies to Work For in Colorado list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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Renew diversity

9.9
Diversity Score
We calculated Renew’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Renew’s workforce.
Renew diversity summary. Zippia estimates Renew's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Renew's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Renew's workforce.
  • Renew has 50 employees.
  • 57% of Renew employees are women, while 43% are men.
  • The most common ethnicity at Renew is White (66%).
  • 15% of Renew employees are Hispanic or Latino.
  • 10% of Renew employees are Black or African American.
  • The average employee at Renew makes $61,632 per year.
  • Renew employees are most likely to be members of the democratic party.
  • Employees at Renew stay with the company for 3.9 years on average.
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Renew Financial Performance

6.8
Performance Score

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Updated March 14, 2024

Zippia gives an in-depth look into the details of Renew, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Renew. The employee data is based on information from people who have self-reported their past or current employments at Renew. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Renew. The data presented on this page does not represent the view of Renew and its employees or that of Zippia.

Renew may also be known as or be related to RENEW INC, Renew, Renew Inc, Renew.com Inc. and The Renew Company.