24 Oct

Medisafe to Get Paid For Health App’s Performance

More technology startups are embracing the healthcare industry’s increasing willingness to pay for products based on how much they improve health.

One of the latest examples comes from Medisafe, a Boston company that has developed an app-based system intended to help patients manage their medications. The company offers both a free and a paid version of the app, but most patients use the free version, a spokesperson says. Medisafe generates revenue primarily from pharmaceutical companies, such as Merck (NYSE: MRK) and Boehringer Ingelheim, who fund the app’s usage in order to receive anonymized data that could help them understand… Read more »

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