January 11, 2019
Once a health tech industry darling, Chicago-based unicorn Outcome Health has lately found itself on hard times.
Since the publication of a Wall Street Journal investigation alleging the point of care digital advertiser had misled its clients by providing inaccurate and manipulated performance data, Outcome has faced a lawsuit from its biggest investors, severed deals with major hospitals, and...
April 9, 2018
Things aren't getting any better for Outcome Health, the digital health media company that recently settled a three-month legal battle over claims that the company misled its investors and defrauded its customers.
Now the company, which installs screens in waiting rooms and charges pharma companies and other stakeholders to advertise on them, has agreed to settle another court case, this one a...
November 21, 2017
A little more than a week after two Chicago hospitals cancelled plans to expand Outcome Health’s services, several well-known national health organizations have also cut ties with the embattled tech startup as allegations of fraud swirl.
Some of Outcome's top investors filed a lawsuit earlier this month claiming they were misled by Outcome's founders prior to their $487.5 million investment. The...
November 8, 2017
Chicago-based digital healthcare advertiser Outcome Health’s troubles seem to be increasing with each passing month. In the wake of a recent Wall Street Journal investigation alleging that the company’s employees misled clients using inaccurate and manipulated advertisement performance data, a handful of Outcome’s top investors have filed a lawsuit against the startup claiming they were misled by...
October 13, 2017
Employees of Chicago-based digital healthcare advertiser Outcome Health allegedly misled the company’s clients by providing inaccurate and manipulated advertisement performance data, according to an investigation published Thursday in the Wall Street Journal.
Citing interviews with former employees, advertisers, and internal documents, the Journal wrote that Outcome employees had intentionally...
May 31, 2017
Outcome Health, a maker of waiting room screens and tablets for patient education and pharmaceutical marketing, has raised at least $500 million in first round funding, lending the company a valuation of around $5 billion. Goldman Sachs Investment Partners, Alphabet’s growth equity investment fund CapitalG, Leerink Transformation Partners, Pritzker Group Venture Capital, and Balyasny Asset...
November 30, 2016
Telemedicine provider American Well has teamed up with Israel-based medical device maker TytoCare to combine video telehealth visits with remote examinations. With the partnership, TytoCare’s examination platform will be integrated into American Well’s telehealth platform. In turn, TytoCare’s customers will have access to the network of healthcare providers who use American Well’s platform....
November 21, 2016
Chicago-based ContextMedia: Health, which makes a healthcare decision-making platform, has announced it will acquire point-of-care patient education company AccentHealth. The amount of acquisition is undisclosed, but ContextMedia: Health did say it will be an all-cash transaction.
Founded in 2006, ContextMedia: Health has been steadily growing in the past year, adding almost one percent of all...