Castlight Health

By Aditi Pai 08:54 am June 25, 2015
Burlingame, California-based Lyra Health, which is developing a platform to identify people with behavioral health conditions, has raised $3.1 million in a strategic round from Castlight Health. Lyra Health previously received undisclosed seed funding from venture capital firm Venrock. Lyra's Chief Medical Officer Dena Bravata formerly served in the same role at Castlight Health. Lyra Health...
By Jonah Comstock 10:06 am June 8, 2015
David Ebersman Lyra Health, a startup that launched last week, will focus on addressing the gaps in the healthcare system surrounding behavioral health conditions like anxiety and depression. David Ebersman, former CFO of Facebook and Genentech, will helm the new company, which already has seed funding from Ebersman and venture capital firm Venrock. Ebersman's co-founder, Chief Medical Officer...
By Brian Dolan 09:26 am May 13, 2015
Jawbone President Sameer Samat Jawbone has hired Sameer Samat as its new president. Samat was most recently VP of Product Management at Google, where he was responsible for Google Shopping and Google Express. The news comes shortly after Jawbone announced it was working with American Express to add payment features to Jawbone devices. Google has hired cardiologist Dr. Jessica Mega away from ...
By Brian Dolan 10:27 am April 28, 2015
Castlight's Mark Sarbiewski Castlight Health, a healthcare transparency company, announced that it had appointed Mark Sarbiewski as its new chief marketing officer. Sarbiewski joins the company from San Francisco-based Anaplan, a cloud-based planning platform for finance, sales, and operations, where he was the company's first chief marketing officer. Fitbit has hired Jonah Becker as its new...
By Brian Dolan 09:13 am March 24, 2015
Chris Bergstrom Recent months have brought with them a number of important hires and departures at digital health companies. Here's a roundup of some of the ones we've been tracking. Feel free to add your own in the comments below. Chris Bergstrom has stepped away from his full-time position of Chief Strategy and Commercial Officer at WellDoc, but he will remain an advisor to the company. As a...
By Jonah Comstock 08:15 am October 22, 2014
In the Journal of the American Medical Association, researchers from Castlight Health have published what they believe is the first study linking price transparency to cost savings. The study of more than 500,000 Castlight users demonstrated modest savings for lab tests, advanced imaging, and clinician office visits. "Although it is widely perceived that greater transparency of pricing...
By Jonah Comstock 10:17 am October 10, 2014
This week, a Massachusetts law went into effect requiring health insurers to make realtime cost information publicly available, an unprecedented move. As WBUR reported recently, the initiative has already started to shine light on some galling price discrepancies for procedures like MRIs, surgeries, and lab tests (for instance, an MRI in Boston ranges from $614 to $1,800 with no discernible...
By Brian Dolan 09:35 am July 30, 2014
Castlight Health, which went public earlier this year, inked deals with 26 more employers during the second quarter, including new deals with six Fortune 500 companies like Google, Sprint, The Kellogg Company, and Texas Instruments. The company's new customer wins also included a large state university system and a handful of local government entities. Interestingly, the company has also found...
By Jonah Comstock 08:14 am May 8, 2014
Just a few months into its life as a publicly traded company, Castlight Health had a good first quarter since its $180 million offering. The company added 29 new customers this quarter, three times as many as any previous quarter, the company announced on its first ever earnings call since going public in March. "With the capital resources we received in the IPO, we believe that Castlight is very...
By Brian Dolan 09:10 am March 17, 2014
On Friday Castlight Health debuted on the New York Stock Exchange with an IPO that raised about $180 million for the company, much more than it had previously estimated in SEC filings. The company's stock then ramped up more than 160 percent during the day and closed at a price that valued the company -- which only had $13 million in revenues last year, at more than $3 billion. Following the...