Ledger & Lore
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Outcome Health

Health TechUSAClosed 2017

Total Raised

$500M

Peak Valuation

$5.60B

Employees

500

Year Collapsed

2017

Business model

In-clinic advertising and patient education screens installed in doctors' waiting rooms, sold to pharmaceutical advertisers.

In brief

A healthcare advertising company that placed screens in doctors' offices and sold ad space to pharmaceutical companies, reaching a reported $5.6B valuation. An internal whistleblower complaint and subsequent investigation found the company had billed advertisers for screens that…

See the What Happened tab for the full account.

Key facts

Founded
2006
Closed
2017
Headquarters
Chicago, USA
Industry
Health Tech
Employees
500
Revenue
Undisclosed

Related failures

Often compared with: Phreesia, GoodRx.