| Founded | 2006 |
|---|---|
| Closed | 2022 |
| Country | USA |
| Sector | Healthtech |
| Total raised | $487M (Goldman Sachs, Google, Pritzker Group, 2017) |
| Collapse type | Fraud Explosion |
| Founder | Rishi Shah, Shradha Agarwal |
Outcome Health
"$5.5B valuation. Health screens in doctor offices. Billed clients for 26,000 screens that didn't exist."
Sudden collapse triggered by fraud exposure
Key Events Timeline
Outcome Health was founded in 2006 as ContextMedia by Rishi Shah and Shradha Agarwal in Chicago, placing digital health education screens in doctors' waiting rooms and exam rooms that displayed health content alongside pharmaceutical advertising.
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