Outcome Health
Outcome Health is a healthcare technology company that provides health education and healthcare information to patients and healthcare providers. The company was founded in 2006 by Rishi Shah and Shradha Agarwal and is headquartered in Chicago, Illinois.
History[edit | edit source]
Outcome Health was founded in 2006 by Rishi Shah and Shradha Agarwal. The company initially started as a digital advertising platform for pharmaceutical companies, providing them with a platform to advertise their products directly to patients in doctors' offices. Over the years, the company has expanded its services to include health education and healthcare information.
In 2017, Outcome Health was valued at $5.5 billion, making it one of the most valuable startups in Chicago. However, the company faced allegations of fraudulent advertising practices, which led to a significant decrease in its valuation.
Services[edit | edit source]
Outcome Health provides a variety of services to patients and healthcare providers. These include:
- Digital Advertising: Outcome Health provides a platform for pharmaceutical companies to advertise their products directly to patients in doctors' offices. This service allows pharmaceutical companies to reach their target audience in a more effective and efficient manner.
- Health Education: Outcome Health provides health education to patients through its digital platform. This service aims to improve patient understanding of their health conditions and treatment options.
- Healthcare Information: Outcome Health provides healthcare providers with information about the latest medical research and treatment options. This service aims to support healthcare providers in making informed decisions about patient care.
Controversies[edit | edit source]
In 2017, Outcome Health faced allegations of fraudulent advertising practices. The company was accused of inflating the number of screens it had in doctors' offices and of manipulating performance data to mislead advertisers. These allegations led to a significant decrease in the company's valuation and resulted in several lawsuits.
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