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Health Start-Up Goes Shopping

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Revolution Health Group says it is making progress at setting up a ‘consumer-driven health’ company that will be ready to unveil its first major products in 2006.[@@]

Revolution L.L.C., Washington, a company led by Steve Case, a co-founder of AOL Corp., Reston, Va., set up its Revolution Health Group unit in July.

Since then, Revolution Health has acquired 6 small health companies and made major investments in 2 other companies, according to Revolution Health.

The companies acquired include start-ups such as 1-800-Schedule Healthcare Yellow Pages, Austin, Texas, a publisher of Web-based health care provider directories.

Revolution Health also has acquired controlling interests in Extend Benefits L.L.C., Salt Lake City, an insurance brokerage that specializes in selling individual and family health insurance policies, and ConnectYourCare Inc., Timonium, Md., a company that sells a health savings account program administration system to employers, banks, insurers and benefit plan administrators.

Revolution has purchased a minority stake in InterFit Health, Houston, a company that uses nurse practitioners to offer health screenings and care for routine medical conditions, such as colds, in clinics located inside big retail stores.


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