Outcome

By  Dave Muoio 11:33 am 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...
By  Beth Jones Sanborn 10:35 am 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...
By  Dave Muoio 04:07 pm 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...
By  Dave Muoio 11:23 am 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...