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If you watched the drama in Washington last month, you may have come away with the impression that the American health care system is a hopeless mess. ... So it is surprising that across the continent from Washington, investors and technology entrepreneurs in Silicon Valley see the American health care system as the next great market for reform. (Manjoo, 8/16)

Oscar Insurance Corp., the health-insurance startup focused on selling Obamacare plans, posted a smaller first-half loss than a year earlier, according to state regulatory filings. Oscar, whose co-founders include Joshua Kushner and Mario Schlosser, lost $57.6 million in the first half of the year in Texas, New York and California. That’s down from $83 million a year earlier. In Texas and California, the company brought in more in premiums than it spent on care, though in New York its health costs still exceeded premiums. (Tracer, 8/15)

Shareholders of Sabra Health Care on Tuesday voted in favor of a proposed merger with another skilled nursing company, Care Capital Properties Inc., despite a backlash from investors that threatened to derail the deal. (Fung, 8/15)