Castlight Health

By Brian Dolan March 11, 2014
Castlight Health, which is expected to debut on the New York Stock Exchange this coming Friday, just filed another update to its IPO filing with the SEC and now the company is looking to raise  looks to raise more than $191 million in total. The company raised the price of its IPO range to $13 to $15 a share up from its previous expected range of $9 to $11. The company is offering 11.1 million...
By Aditi Pai February 3, 2014
Cost transparency company Castlight Health has filed paperwork for an initial public offering with the SEC, according to a report by Dan Primack over at Fortune. The report also says Castlight is expected to seek a valuation upwards of $2 billion. Goldman Sachs is slated to lead the offering and Morgan Stanley is expected to serve as underwriter. The company's IPO has been expected for just under...
By Aditi Pai January 30, 2014
As a trend, healthcare price transparency has started off strong this year. In a recent interview, price transparency tool Medlio's CEO David Brooks told MobiHealthNews people are no longer on preferred provider organization plans as much as they have been in the past. As a result, instead of simply paying a copay, users are now on high deductible health plans and are starting to care more about...
By Jonah Comstock June 19, 2013
PokitDok, a California-based healthcare price transparency service, has raised $1.5 million in its first round of funding, according to SEC documents. The company previously raised $1.3 million in seed funding in June 2012, and another $200,000 in December, bringing their total funding after this raise to $3 million. Seattle entrepreneur and angel investor Jonathan Sposato mentioned in a recent...
By Jonah Comstock April 18, 2013
Left to right: Michael Weintraub, Giovanni Colello, Josh Stein, Nina Nashif, and Juan Enriquez. The TEDMED organizers tried something new this year: they dedicated Thursday morning to some unscripted meetings of the minds about innovation in healthcare. The first discussion (which TEDMED maintained was not a panel) centered on the topic "From Start to Scale to Exit, the Trajectory of Innovation...
By Jonah Comstock February 25, 2013
Triple Tree Associate Joe Long Minnesota investment banking firm Triple Tree has released a report about the rise of consumerism in the healthcare industry. The company says the industry is becoming less like a traditional healthcare system and more like a retail environment, with B2B2C, or business-to-business-to-consumer, business models becoming the dominant format. "Viewed through the lens...
By Jonah Comstock January 7, 2013
Digital health incubator Rock Health has released it's 2012 year in review report, and it shows that venture capital investment in digital health is robust, if still tentative by some measures. Overall investment is up, but a large percentage of the numbers are accounted for by a few big deals and a few big investors. Venture capitalists invested $1.4 billion in digital health in 2012, a 45...
By Neil Versel November 13, 2012
It's purely speculative, but a survey of entrepreneurs working in digital health suggests that Practice Fusion, Castlight Health and ZocDoc could be the next companies in the sector to go public. Venture capital firm InterWest Partners queried more than 100 entrepreneurs about the future of digital health and found that 26 percent of them thought Practice Fusion, the current darling of the small-...
By Neil Versel October 4, 2012
A lot of people out there believe "meaningful use" regulations has stymied innovation in health IT by effectively standardizing functionality in electronic health records. Backers of President Obama might argue the point. In fact, one did this week. "There has never been a better time to be an innovator in healthcare," former federal CTO Aneesh Chopra, said Wednesday at the 2012 American Health...
By Brian Dolan May 2, 2012
This week San Francisco-based Castlight Health, which offers a personalized health care shopping platform that helps employees better understand the price of medical services and the quality of certain providers, announced that it has raised $100 million in its fourth round of funding. That is the largest amount of funding in a single round that MobiHealthNews has ever reported on. Investors...