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Philly Health Insurer Funds Health IT Startups
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jaysimmons
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jaysimmons,
User Rank: Apprentice
4/10/2013 | 4:56:35 PM
re: Philly Health Insurer Funds Health IT Startups
I see health IT startups getting funding from a lot of sources but I think this is the first instance I hear of a health insurer providing the funding. If you think about it, it actually makes sense. By providing startup companies such as these with funding and aid, they can reap the potential benefits from any breakthroughs that may occur. Insurance companies are always looking to cut health costs so if any of these startups can provide them with products that can achieve this, it will be a profitable situation for them.

Jay Simmons
Information Week Contributor


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