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News & Updates - Tuesday, April 18, 2006

Healthia - Lots of Work Done But Few Care

Healthia today announced that it had raised $7M in an oversubscribed series B round led by Trinity Ventures. The portal gives consumers and small businesses interfaces to shop for and compare health savings accounts, health insurance plans and doctors side-by-side. Users can also view and compare estimated prices for common medical procedures at hospitals around the country. The site also promises user-generated content, doctor reviews and feedback about the health purchases decisions that users have made -- and their advice to future consumers.

Larry Orr, a Partner at Trinity Ventures, boasts "In a very short period of time, Healthia has emerged as the clear leader when it comes to truly enabling people to shop around for their health care."

But wait, if this is a consumer portal and it relies it is looking to have consumer comments, shouldn't it have traffic and commentors if one can say it is the leader. In fact, Healthia has almost no traffic. And looking through dozens of doctor profiles, we could not find any that had any user comments.

We do think that they have put together an impressive portal but they clearly have not managed to connect to a user base.

Read - Healthia Secures $7 Million in New Venture Capital (Press Release)