Firefly Health lights up with a fresh $10.2 million for its technology-powered concierge service that links patients and providers--just the kind of hype that bugs me.
MDClone copies a well-used route to success, raising $26 million in capital, by claiming to create the "first of its kind platform which democratizes data to the entire healthcare ecosystem". Uhh, wow, I think I should be impressed, at least by the level of hype. Oh wait, it uses "synthetic data". Hmmm, doesn't that mean artificial? So you are democratizing fake data? Oh gosh, now I am just confused, but then I am obviously not as smart as the investors who fall for this stuff.
Buoy Health floats a fresh $15 million in financing for its website that uses, guess what, AI, to help consumers find health information, because there just aren't enough websites like that already.
Sidecar Health motors along, raising $18 million in new capital for its health insurance plan that will begin operations in Texas. The company claims that its plans will cost 40% less and let consumers see any provider, etc., etc. Sounds too good to be true and it undoubtedly is.
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.