Startups

Health care startup aims to eliminate hospital and doctor bills

A doctor sits at a desk with paperwork and a blood pressure cuff.
Ooda Health wants to remove hospitals and doctors from the billing process. Photo: Adam Berry/Getty Images

New payment startup Ooda Health has raised $40.5 million on the premise that its technology will make sure patients never get another bill from a hospital or doctor.

Why it matters: Ooda Health not only has big-name venture capitalists on board (Oak HC/FT and DFJ led the funding round), but also has large health insurers and providers as investors. However, while the company attempts to cut administrative waste, it won't address the health care system's underlying pricing and spending habits.

What startups should know about politics

"The Fixer" book cover art. Image: Tusk Strategies

"At the end of the day, politics comes for you." That's a hard reality startups must face and embrace, according to Bradley Tusk, an ex-Mike Bloomberg campaign manager turned tech investor.

Why it matters: Tusk has parlayed his career’s lessons into a new book, “The Fixer: My Adventures Saving Startups from Death by Politics,” which he hopes can help startups operating in highly regulated industries like transportation, sports betting, and cannabis.