Tag Archives: Healthcare

Healthcare Might Look Good in Plaid

By KIM BELLARD I don’t really follow FinTech — I can’t even keep up with HealthTech! — but it caught my eye when Visa announced that it was acquiring FinTech company Plaid for $ 5.3b; a 2018 funding round valued the company at $ 2.65b.  A 100% increase in valuation within a year suggests that something important… Read More »

Fitbit looks to expand healthcare partnerships in 2020

Wearable devices will become more accessible to Americans to help them lead healthier lives, thanks to Fitibit’s efforts to grow its partnerships with both government-sponsored and private health insurers. In 2020, Fitbit devices will be included in Medicare Advantage plans offered by three insurers. In addition, the wireless-enabled activity trackers will be an embedded benefit… Read More »

The government recovered $3B in fraud last year. Nearly 90% was from healthcare

Of more than $ 3 billion recovered by the federal government in fiscal year 2019 from fraud and false claims, 87% involved the healthcare industry, the Department of Justice announced Thursday. It’s the 10th consecutive year the department has recouped more than $ 2 billion from False Claims Act cases with HHS as a client.… Read More »