Digital health: Who’s up, who’s down

The digital health market is constantly changing, with startups coming onto the scene and more established companies restructuring their strategies.

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Noah Schwartz

Companies that had a good week:

  1. Healthcare data analytics company Carta Healthcare closed on a $25 million funding round. The company secured the first $20 million with participation from several health systems in November 2022.
  2. Google Cloud partnered with Rochester, Minn.-based Mayo Clinic to explore clinical uses of generative artificial intelligence.

 

Companies that had a bad week:

  1. Cityblock Health, a digital health company focusing on primary care, laid off 12 percent of its staff.
  2. CareRev, a digital staffing platform for nurses, announced CEO Will Patterson, BSN, RSN, resigned after questions were raised about his conduct.

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