CVS Health has been making moves to further its ambitions of becoming a healthcare destination; most notably, it closed its $8 billion acquisition of Signify Health giving the company access to more than 10,000 clinicians.
Disruptors
Primary care disruptor Carbon Health has laid off more than 200 employees, CEO Eren Bali wrote on Twitter.
The former chief digital health and analytics officer of Livonia, Mich.-based Trinity Health has joined GE's new healthcare spinoff as its first chief technology officer.
The new year began with a bang for GE HealthCare.
Johnson & Johnson filed an initial public offering with the U.S. Securities and Exchange Commission for its consumer health unit, Kenvue, moving closer toward a spinoff, Bloomberg reported Jan. 4.
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Big tech layoffs at Twitter, Amazon and Meta grabbed headlines in 2022; the trend is continuing in 2023 as large tech firms continue to deal with an uncertain economic environment.
Amazon said it plans to cut 18,000 jobs, a bigger number than the e-retailer initially said it would eliminate last year.
Google and DeepMind are lauching MedPaLM, an open-sourced large language model that exclusively addresses medical queries, Tech Times reported Jan. 4.
Walgreens Boots Alliance reported a $3.7 billion net loss in the first quarter of the 2023 fiscal year ending Nov. 30, a significant drop from $3.6 billion in net income over the same period last year, driven by after-tax charges…
Fifty-two percent of health tech experts surveyed by Health Tech Nerds, an informational platform focusing on healthcare business, said Amazon would be the biggest threat to health systems' core business in 2023.