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Business Insider's biggest healthcare stories for the week of January 15

The start of a new year is a good time to take stock of where the digital health industry stands. From just-budding startups to newly minted unicorns to publicly traded players, its seeming like 2021 will be a critical year for the sector as the pandemic (hopefully) starts to ebb.  On the early-stage side, Megan spoke with Lynne Chou OKeefe, the founder of Define Ventures, about the firms latest $200 million fund. One type of startup to keep an eye out for in 2021: companies that sound a lot ...
Andrew Dunn David Kessler Vinod Khosla Fiercebiotech Amirah Al Idrus Joe Biden Sumi Das

The winners and losers of a quiet JPMorgan week

Advertisement Startups, billionaire investor Vinod Khosla said at a Startup Health chat on Tuesday, should be wary of working with entrenched players. While talking about the work that BioNTech did with Pfizer to speed up the development and distribution of COVID-19 vaccines, Khosla said that "collaboration is generally BS-with some exceptions." Read his full explanation as to why here>> As some digital health startups get bigger, its been interesting to see how their strategies evolve. Adverti...
United Kingdom Catherine Schuster Brucehas Andrew Dunn David Kessler Vinod Khosla Fiercebiotech Amirah Al Idrus

MedArrive Raises $4.5M in Funding

MedArrive, a San Francisco, CA-based provider of a new care management platform, raised $4.5m in seed funding. The round was co-led by Kleiner Perkins and Define Ventures. In connection with the investment, Annie Case, Principal at Kleiner Perkins, and Lynne Chou O’Keefe, Founder and Managing Partner at Define Ventures, will both join the MedArrive Board of Directors. The company intends to use the funds to continue building their innovative platform, growing their team of industry experts,...
United States San Francisco Lynne Chou Okeefe Kleiner Perkins Dan Trigub Annie Case

Centivo Raises $34M To Empower Self-Funded Employers and Bring Health Care Costs Under Control

Centivo Raises $34M To Empower Self-Funded Employers and Bring Health Care Costs Under Control Approximately 160 million Americans receive health benefits through work; however, employee healthcare costs are becoming a financial burden for many employers and this can negatively impact employees’ access to quality healthcare options. Centivo offers self-funded employers health plan solutions that are built to save 15% or more compared to traditional insurance carriers. Centivo’s ability to...
New York United States New Jersey North Carolina Upper West Side Ashok Subramanian

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