The 31-year-old CEO of startup Outcome Health stepped down just 8 months after raising $500 million
|01/30/2018||Posted by BusinessMediaguide.Com under General World News||
- It’s been a rocky year for Outcome Health, a Chicago-based healthcare startup that sets up screens that provide educational health footage alongside advertisements from pharmaceutical companies to doctors’ offices.
- On Friday, Outcome said its two founders, Rishi Shah and Shradha Agarwal, would move from their roles as CEO and president to become chairman and vice chair of the board, respectively.
- The move was part of a settlement after investors sued Outcome Health accusing it of committing fraud to secure the large amount of funding.
For a brief moment going into summer 2017, Outcome Health was one of the buzziest healthcare startups.