health insurance
With the real estate industry facing headwinds, SoftBank-backed Compass lays off 15% of staff
Compass, the real-estate brokerage startup backed by roughly $1.6 billion in venture funding, has laid off 15% of its staff as a result of the shifting economic fortunes created by…
San Francisco’s shelter-in-place order does not apply to gig workers
Earlier today, San Francisco Mayor London Breed announced a shelter-in-place order in an attempt to slow the spread of COVID-19. The order legally requires people to stay home as much…
Talkspace threatened to sue a security researcher over a bug report
A security researcher said he was forced to take down a blog post describing an apparent bug in Talkspace’s website that gave him a year’s subscription for free, after the…
Investors move from coronavirus woes to Biden wins as markets rally on Super Tuesday results
While the aftermath of Super Tuesday has left the Democratic Party riven between its more liberal and moderate wings, investors viewed last night’s results as a win for business and…
Rebranding as Anagram, software for out-of-network billing for healthcare providers raises $9.1 million
As it rebrands from Patch to Anagram, the healthcare billing platform making it easier for providers to accept out-of-network patients has raised $9.1 million in new financing. The round was led…
Kenyan logistics startup Sendy raises $20M round backed by Toyota
Africa’s logistics startup space has gained another multi-million-dollar round with global backing. Kenyan company Sendy — with an on-demand platform that connects clients to drivers and vehicles for goods delivery…
Oscar Health now has 400,000 members and expects to bring in $2 billion by the end of 2020
Oscar Health, the upstart healthcare insurance company and technology developer, expects to have roughly 400,000 members insured under its healthcare plans, who collectively will bring in roughly $2 billion in…
Substance abuse affects about 15% of American employees, Path wants to ensure they get help
America has an addiction problem. It’s a problem that serial entrepreneur Josh Bruno has seen first hand. And it’s why he has launched a new company called Path, which pitches…
GoodRx is coming for subscription prescription services with the launch of GoodRx Care
Several months after discreetly acquiring the online prescription service HeyDoctor, GoodRx is launching a new service based on the acquisition, GoodRx Care, and offering a direct challenge to online prescription…
Spanish startup Elma gets $3.2M for a digital-first health insurance play
Insurtech startup Elma has closed a €3 million (~$3.2M) Series A funding round led by Mangrove Capital partners to build out a digital-first health insurance business starting with Spain, its…
Amazon launches Amazon Care, a virtual and in-person healthcare offering for employees
Amazon has gone live with Amazon Care, a new pilot healthcare service offering that is initially available to its employees in and around the Seattle area. The Amazon Care offering…
French startup Alan announced new products, international expansion plans and a brand refresh at a press conference this morning. The company also announced plans to overhaul some of its tech…
The CareVoice raises $10 million to develop better tech for insurance providers in Asia
The CareVoice, a Shanghai-based health insurance software startup with ambitions to expand throughout Asia, announced today that it has raised about $10 million in Series A funding. The investment was…
Apple, Microsoft and Google to test new standard for patient access to digital health data
A newly released data model and draft implementation guide for providing directly to patients digital access to historical health insurance claims data could mean you have better access to this…
Flume Health is an insurance administrator cutting costs by pre-approving prices and paying on-demand
Cedric Kovacs-Johnson launched Flume Health after watching his own family struggle with payments for his sister’s surgery. “When we looked at who was calling the shots [on prices] it was…
China’s massive fintech industry took a beating in recent months as the government continued to wind down online lending nationwide, rattling investor confidence. Funding for fintech startups shrank 87.6 percent…
Matrix Partners has backed one of Y Combinator’s recent graduates.
Bringing affiliate marketing and outsourced customer acquisition to Brazil nets Escale $22.6 million
Despite not being Brazilian and having their first exposure to the country only a few years ago, the two co-founders of Escale have managed to raise $22.6 million for their…
Jio Health combines online and offline healthcare in Southeast Asia, starting in Vietnam
The internet is often lauded for the potential to increase the impact of a range of primary services in emerging markets, including education, commerce, banking and healthcare. While many of…
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A huge trove of medical records and prescriptions found exposed
A health tech company was leaking thousands of doctor’s notes, medical records, and prescriptions daily after a security lapse left a server without a password. The little-known software company, California-based Meditab, bills itself as one of the leading electronic medical records software makers for hospitals, doctor’s offices, and pharmacies. The company, among other things, processes electronic…
Alan raises another $45 million for its health insurance product
Paris-based startup Alan has raised a Series B round of funding of $45 million (€40 million). Index Ventures is once again leading the round, with partners of DST Global also…
Healthcare wearables level up with new moves from Apple and Alphabet
Announcements that Apple has partnered with Aetna health insurance on a new app leveraging data from its Apple Watch and reports that Verily — one of the health-focused subsidiaries of Google‘s parent…
Will tech companies change the way we manage our health?
As of late 2018, the top 10 tech companies in the U.S. spent $4.7 billion on healthcare acquisitions since 2012. What are their intentions? And what are the ramifications for…
California moves toward healthcare for more, not yet healthcare for all
It was way easier for candidate Gavin Newsom to endorse single-payer healthcare coverage for everyone than it is now for Gov. Newsom to deliver it.
Bowtie raises $30M to bring the digital insurance model to Hong Kong
The digital revolution has spawned “challenger” banks that operate entirely online, with no High Street presence. That phenomenon has taken off in Europe — particularly the U.K. — but over in…
Insurance startup Bright Health raises $200M at ~$950M valuation
Bright Health, another startup seeking to disrupt an antiquated industry, has raised $440 million since 2016.
Hackers stole income, immigration and tax data in Healthcare.gov breach, government confirms
Hackers siphoned off thousands of Healthcare.gov applications by breaking into the accounts of brokers and agents tasked with helping customers sign up for healthcare plans. The Centers for Medicare and…
Recent departures hint at turmoil at Quartet Health, a mental health startup backed by GV
Quartet Health, a startup backed with nearly $100 million from GV, Oak HC/FT and more, has quietly lost its COO, CPO and replaced its CEO this month.
Airbnb wants to give its hosts equity in its business
Airbnb wants to give the homeowners who power its service the opportunity to own a piece of its business. That’s why, as Axios reports, the $31-billion-valued company has written to…
Whole Foods workers seek to unionize, says Amazon is ‘exploiting our dedication’
A group of workers at Whole Foods Market is leading an effort to establish a union for the Amazon-owned company’s 85,000+ workforce. In a letter addressed to Whole Foods employees,…
