nib takes 50% stake in health start-up, Midnight Health for $4mn

SYDNEY, AUSTRALIA: nib holdings limited (ASX: NHF) has taken a 50% equity stake in Australian digitalhealth start-up, Midnight Health, for a total consideration of $4 million. nib Managing Director, Mark Fitzgibbon said the deal will help bring to life elements of nib’s payer to partner (P2P) strategy as it moves towards being as much about…