Operations

Person sitting at a desk looking at a computer
By  Jessica Hagen 01:00 pm May 11, 2023
Chicago-based digital employee benefits platform HealthJoy is expanding its partnership with virtual care provider Teladoc Health to include virtual primary care services.  HealthJoy offers benefits navigation to employers as well as virtual services for chronic care management, dermatology, adult and adolescent mental health, musculoskeletal therapy, urgent care, nutrition and tobacco cessation...
Two people looking at a board on a wall with numbers
By  Jessica Hagen 01:47 pm May 10, 2023
Babylon's stock price fell sharply after it announced plans to take the multinational digital health firm private, less than two years after the company debuted on the New York Stock Exchange.  Babylon also entered into an agreement with AlbaCore Capital LLP for a secured term loan facility for up to $34.5 million to support the company's plans to delist.  In the first quarter, Babylon reported...
Healthcare provider sitting at a desk and looking at a computer
By  Jessica Hagen 01:09 pm May 8, 2023
Pediatric virtual behavioral health company Brightline announced a second round of layoffs in less than a year, again affecting 20% of its workforce. The California-based company let go of 20% of its workforce in November, months after announcing an additional $10 million raise, bringing its total Series C funding to $115 million.  "As we continue to expand our team of therapists, psychiatry...
Practice Better platform
By  Jessica Hagen 01:25 pm April 28, 2023
Practice Better, a practice management platform for health and wellness practitioners, scored a $27 million growth investment led by Five Elms Capital.  WHAT THEY DO The Canadian company offers a platform for health and wellness professionals to manage a range of services, including scheduling appointments, managing billing and payments, providing telehealth and messaging. The funding will help...
A doctor talking to patient and his family in a hospital room.
By  Emily Olsen 09:06 am April 17, 2023
At HIMSS23, Florida-based BayCare Health System announced it had deployed Amazon's Alexa voice assistant at its newest hospital, Wesley Chapel, which opened its doors last month.  Craig Anderson, director of innovation at the health system, explains what Alexa Smart Properties does at BayCare's hospitals, how it affects provider workload and what the health system has learned from implementing...
Healthcare provider on a tablet
By  Jessica Hagen 01:25 pm April 7, 2023
Editor's note: This story has been updated with additional information from a filing with the Securities and Exchange Commission. Pear Therapeutics, maker of prescription digital therapeutics, announced today that it has filed for Chapter 11 bankruptcy and is seeking a sale of its business or assets.  The company will continue its scaled-down operations during Chapter 11 as it seeks a sale, and...
People shaking hands with other people watching
By  Jessica Hagen 11:49 am April 6, 2023
DarioHealth, a digital chronic condition management platform, announced that Eitan Shay is joining the company in the newly created position of chief product officer. Shay was previously in leadership roles at Livongo, Teladoc Health and Meta.  Arnaud Robert is also joining Dario as a strategic advisor to the company's CEO, Erez Raphael. Robert recently served as executive vice president and...
Veteran and a child hugging
By  Jessica Hagen 05:50 pm April 5, 2023
Global medical device company Penumbra is partnering with the Veterans Health Administration Office of Healthcare Innovation and Learning to test, co-create and implement virtual reality-based rehabilitative healthcare solutions for veterans. During the three-year collaboration the partners will focus on creating therapy software and programs for veterans, including immersive experiences that can...
Several people sitting around a table
By  Jessica Hagen 04:53 pm March 27, 2023
Better Therapeutics, a prescription digital therapeutics platform, has laid off approximately 35% of its workforce due to a cost reduction initiative, according to a U.S. Securities and Exchange Commission filing on Friday.  The company provides cognitive behavioral therapy to address diabetes, hypertension and other cardiometabolic diseases. Per the SEC filing, the company expects to incur...
Healthcare provider on a tablet with a patient sitting in a room
By  Jessica Hagen 01:02 pm February 21, 2023
Healthcare technology company Aledade, which works with independent primary care providers to build tech-enabled accountable care organizations, has acquired AI-enabled value-based care analytics platform Curia.  Before the acquisition, the Maryland-based company piloted Curia's technology, which uses AI to predict the likelihood of adverse outcomes, identify risk gaps and target proper care and...