Welcome to Insider Healthcare. I'm healthcare editor Leah Rosenbaum, and today in healthcare news:
- Startups have raised hundreds of millions in venture capital to serve Medicaid patients;
- Investors are pouring billions into teletherapy;
- A new documentary sheds light on the harassment Dr. Fauci and his family have gotten during the pandemic.
Startups focused on Medicaid raised hundreds of millions in the past few years. Here's who's leading the pack.
- Startups focused on Medicaid raised more than $600 million in venture capital the past five years.
- Among the highest fundraisers is Cityblock, which announced it raised $400 million in September.
- But reimbursement rates still draw startups toward senior populations instead of low-income ones.
- Telehealth investment grew for the fourth quarter in a row, CB Insights found.
- The fastest-growing subsector was teletherapy, coaching, and care management.
- The market is stabilizing and maturing, and telehealth use remains above its pre-pandemic norm.
- A new documentary from National Geographic traces Dr. Anthony Fauci's life and career.
- In the film, Fauci rails about the harassing phone calls his wife and daughters have received during the pandemic.
- He also shared one moment last summer when he opened a letter and thought "I'm freaking dead."
More stories we're reading:
- Top COVID-19 doctors and scientists privately asked the Biden administration to scrap its booster-shot plan, report says (Insider)
- Young, pregnant women are dying at alarming rates from COVID-19 due to not getting vaccinated (Washington Post)
- One of Colorado's largest health systems is denying organ transplants to most unvaccinated people (Insider)
- California has been underreporting the state's deaths from extreme heat (LA Times)