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December 25, 2017 Headlines No Comments

Theranos gets $100 million in debt financing to carry it through 2018, with some caveats

Fortress Investment Group, a New York-based private equity firm, issues a $100 million debt financing round to Theranos, subject to hitting product and operational milestones. CEO Elizabeth Holmes reports that the new funding provides the company “sufficient liquidity through 2018.”

Health insurer Oscar nears $1 billion in revenue

Next year, Oscar Health anticipates hitting 250,000 subscribers in New York and California and revenue of $1 billion.

Family doctors call for guaranteed access to EMR data for research and quality improvement

The College of Family Physicians of Canada, along with the Canadian Primary Care Sentinel Surveillance Network and the University of Toronto Practice-Based Research Network, are lobbying against EHR vendors over information blocking tactics that are preventing clinicians from accessing data.

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