Health spending and life expectancy


This post is by Barry Ritholtz from The Big Picture


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Source: The Economist

 

Here is the take from across the Atlantic:

“Republican reluctance to embrace health care, despite the president’s best efforts, is understandable. On the one hand, America’s health-care system is woefully dysfunctional: the country spends about twice as much on health care as other rich countries but has the highest infant-mortality rate and the lowest life expectancy (see chart). Some 30m people, including 6m non-citizens, remain uninsured. And yet, though costs remain a major concern—out-of-pocket spending on insurance continues to rise—Americans say they are generally satisfied with their own health care. Eight in ten rate the quality of their care as “good” or “excellent”. Few are in favour of dramatic reform.”

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Sierra Ventures raises $215 mln for twelfth fund


This post is by Iris Dorbian from Pe Hub Blog: Firms & Funds


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Sierra Ventures, an early-stage tech venture firm, has closed its twelfth fund at $215 million. The fund’s limited partners include best endowments, pension funds and corporations.

PRESS RELEASE

SAN MATEO, Calif., July 18, 2019 /PRNewswire/ — Sierra Ventures, an early-stage technology focused venture capital firm, announced today that they have closed their twelfth investment fund, raising $215 million. This fund was oversubscribed and the prior fund’s institutional investors increased their commitment to the new fund.

“We are very appreciative of the continued support we have received in Sierra XII from our existing investors, as well as excited to add some leading Limited Partners in this fund. We are proud to have some of the best endowments, pension funds and corporations from across the world on our roster,” said Sierra Ventures Managing Director Mark Fernandes.

Similar to Funds X and XI, Sierra Ventures Fund XII will be managed by

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