Hello,
Today in healthcare news: The presentation a startup used to raise $25 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 $25 million in seed funding.
- The round valued the company at around $150 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.
Read the full story from Allison DeAngelis and Megan Hernbroth here>>
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.
Read the full scoop from Blake Dodge, Shelby Livingston, and Áine Cain here>>
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 $345 billion, according to the Congressional Budget Office.
Read the full story from Kimberly Leonard here>>
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)
- Lydia
Read the original article on Business Insider