Today in healthcare news: The presentation a startup used to raise $US25 ($32) million for a new way to help doctors care for patients at home, the inside scoop on Walmart’s “Project Glass,” and Democrats are considering including a plan to negotiate drug prices in an infrastructure bill.
See the presentation that convinced 2 billionaires and Dr. Oz to invest in a new way of helping doctors care for patients at home
- 100plus, a startup that offers remote patient monitoring devices and software, raised $US25 ($32) million in seed funding.
- The round valued the company at around $US150 ($193) million, a source told Insider.
- CEO Ryan Howard said he wanted more control of the company after his experience raising venture capital with his previous company went poorly.
Walmart is betting on a secret initiative called ‘Project Glass’ in the war against Amazon. See the full presentation outlining its plan.
- A Walmart initiative called “Project Glass” is figuring out how to improve its online experience.
- Insider obtained a company presentation about Project Glass from 2020.
- Many of the goals, like one-hour delivery and getting rid of shopping-cart minimums, are ongoing.
Democrats are mulling a plan to lower drug prices as a way to pay for a multi-trillion dollar infrastructure package
- Democrats are mulling including a provision to negotiate drug prices in an infrastructure bill.
- Savings on government spending on prescription drugs could help pay for the infrastructure projects.
- The government could save as much as $US345 ($443) billion, according to the Congressional Budget Office.
More stories we’re reading:
- Denmark and Norway have suspended AstraZeneca’s COVID-19 vaccine over concerns about blood clots (Insider)
- Alaska’s vaccination rate is the highest in the US. The state just allowed anyone over 16 to get vaccinated. (Insider)
- Pfizer’s new vaccine plant has a history of mold issues and recalls, inspection reports show (Kaiser Health News)
- A majority of nurses in a survey say they are still reusing protective gear like masks and gowns a year into the pandemic (Insider)
- What Slate’s staff wished they’d known in March 2020 (Slate)