The financial records of nHealth, the Richmond-based startup health insurer that said last week it was shutting down as a result of federal healthcare reform, show it was losing millions in its first year and a half of existence.
Paul Kitchen
Guest Opinion: Health care woes demand new thinking
Paul Kitchen, CEO at a new health insurance startup, says costs can be better contained when consumers approach their health care bills the same way as other purchases, and reap the rewards of living healthier lifestyles.
A Richmond startup tries to cut health care costs
A Richmond startup thinks there’s a market for treating health care more like car repairs – encouraging employees to pay out-of-pocket for routine tune-ups and letting insurance cover the accidents and emergencies. Hoping to implement this style of health care on a broader scale, nHealth recently raised $12 million, with most of that money coming… Read more »