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NETSCAPE WASN'T ENOUGH

ONCE AN ENTREPRENEUR, always an entrepreneur. James Clark is already a paper billionaire after taking Internet star Netscape public last year. That followed his 1981 founding of Silicon Graphics, now a $3 billion computer maker.

Well, Clark is about to launch yet another startup. On June 18, he will unveil Healthscape, an online service to help doctors, insurers, and patients exchange data and do business over the Internet. Already, it says it has signed up one unnamed health insurer.

Clark and three venture capitalists are investing $5 million. Although Clark is chairman of both Healthscape and Netscape, the two are separate. Netscape will remain his main job. Healthscape expects to name a CEO soon.

The new software is based on Netscape's Navigator, the most popular Web browser. Healthscape's target: a piece of the $150 billion spent yearly on health-care administration. One big challenge will be getting everyone to keep records the same way.

EDITED BY LARRY LIGHT By Rob Hof


Updated June 18, 1997 by bwwebmaster
Copyright 1996, Bloomberg L.P.
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