Okay, here is another "strategic" investment announcement, which just made me wonder, are there non-strategic investments? I mean does someone just say, oh I put that money in just for the heck of it, or I just threw a dart at a list of companies, which actually for some institutional investors might provide a better return. In any event "virtual" (another important word to get in your investor presentations and press releases) behavioral health provider AbleTo was, getting a new round of financing from Optum Ventures.
The Healthy Skeptic is a website about the health care system, and is written by Kevin Roche, who has many years of experience working in the health industry. Mr. Roche is available to assist health care companies through consulting arrangements through Roche Consulting, LLC and may be reached at [email protected].