For decades, investors, startups and a broad host of established players have viewed healthcare as ripe for innovation. However, the industry has been challenged by the momentum of the status quo – the scale, complexity, volume and ingrained practices that all need to change to wring out some much-needed efficiency.
As we were taught in physics class, the more momentum something has, the more...
Cambia Health Solutions, a Portland, Oregon-based health insurance company, has shut down its mobile payment startup Wellero after two years. With only about 1,100 users on the app despite it being deployed at 700 health plans, it appears the service just failed to get traction. Oregon health news site The Lund Report first reported the news.
"We’ve decided to wind down operations of Wellero,"...
Simplee, the healthcare billing engagement company, has taken its online medical wallet platform mobile, by releasing a free app for iOS and a mobile-friendly version of their website for other smartphone operating systems.
Simplee users have been requesting a mobile interface -- and even accessing the web version from their mobile devices -- for some time, Chief Marketing Officer John Adractas...