In a case that just proves that investors will throw good money after bad, Oscar Health has raised an additional $165 million in financing to fund its ongoing losses in the health plan market.
A PE firm has made an undisclosed, but likely very large, investment in Landmark Health, which cares for chronically ill patients in a risk-based model that focuses on at-home care.
Workpath, which helps connect health staffing resources with providers who need help, raises an additional $1.5 million to help recover from its previous name, which for some bizarre reason was Iggbo.
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 khroche@healthy-skeptic.com.