Outcome Health

Chicago, IL Healthcare Technology Acquired

Outcome Health provides digital screens and tablets in physician offices, hospitals, and healthcare facilities offering patient education and healthcare provider advertising solutions. The company operates in-office digital networks selling advertising space to pharmaceutical and healthcare companies. Founded in 2006 as Context Media by Rishi Shah and Shradha Agarwal, Outcome Health expanded rapidly before facing a major fraud scandal. In 2023, founders Shah and Agarwal were convicted of a $1 billion fraud scheme involving sale of non-existent advertising inventory and under-delivery of advertised content. In 2021, Outcome Health merged with competitor PatientPoint to form PatientPoint Health Technologies.

Acquired

Outcome Health has been acquired

Acquired by Littlejohn & Co., LLC May 9, 2019

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2006

Employees

200–500

Total Funding

$1.01B

4 rounds

Latest Valuation

$5.5B

May 31, 2017

Secondary Signals (Note: SetterVC does not verify the accuracy of these)

1 signal
Leadership Change Recent 2026-04-22

Named Jim Lang interim CEO, succeeding Sean Slovenski, effective immediately

Leadership instability at Outcome Health's post-merger successor entity

Funding

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Total raised $1.01B across 4 rounds

Last updated 09-10-2026

DateRoundAmount RaisedValuationLead Investors
Jul 13, 2017 Series C Extension $32.9M — Not disclosed
May 31, 2017 Series C TechCrunch $487.5M $5.5B Goldman Sachs Investment Partners, CapitalG
Dec 2016 Debt Financing (Dec 2016) $375M — Not disclosed

Leadership

  • Jim Lang

    Interim Chief Executive Officer and Chairman of the Board (PatientPoint Health Technologies)

  • Mike Walsh

    Chief Operating Officer (PatientPoint Health Technologies)

  • Pat O'Brien

    Chief Financial Officer (PatientPoint Health Technologies)

  • Linda Ruschau

    Chief Commercial Officer, Enterprise Partnerships (PatientPoint Health Technologies)

  • Kyle Barich

    Chief Marketing & Strategy Officer (PatientPoint Health Technologies)

  • Tad Kendall

    Chief Network Growth Officer (PatientPoint Health Technologies)

  • Angie Hemmelgarn

    Chief People Officer (PatientPoint Health Technologies)

  • Nikki Ulrich

    Chief Legal Officer (PatientPoint Health Technologies)

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • PatientPoint

    Point-of-care patient engagement company; merged with Outcome Health in 2021

  • WebMD Health

    Digital health and patient education platform

  • Healthline Media

    Digital health information and engagement platform

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