Digital health: Who’s up, who’s down

This week in digital health, companies raised massive fundraising hauls and senators scrutinized a large healthcare disruptor’s data collection practices.

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Companies that had a good week:

  1. DexCare, a digital patient booking company spun out of Renton, Wash.-based Providence, raised $75 million.
  2. Outbound AI, a healthcare RCM company using artificial intelligence, raised $16 million in seed financing.

 

Companies that had a bad week:

  1. Sens. Peter Welch of Vermont and Elizabeth Warren of Massachusetts wrote a letter to Amazon CEO Andy Jassy, expressing concern about Amazon Clinic’s data collection practices.
  2. Last week’s layoffs at Cerner could be tied to the software giant’s rocky Department of Veterans Affairs EHR installation campaign.

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

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