Castlight Health, a web-based healthcare benefits management platform, files for an initial public offering. The company was founded by Todd Park, former US CTO and Athenahealth co-founder, in 2008 and is rumored to be seeking a $2 billion valuation.
Athenahealth finalizes plans to open offices in Austin, TX after agreeing to a 10-year $670,000 incentives package offered by the City of Austin and a $5 million in incentive package from the State of Texas.
Apple will introduce a new core health and fitness app in its next iOS release. The app will reportedly track activity, calories burned, vitals, hydration levels, and blood glucose levels. While current iPhone’s do not have the hardware necessary to capture some of the metrics reported, like blood glucose, there have been persistent rumors suggesting that the iWatch may introduce this hardware.