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. Artificial intelligence-powered medical documentation company Abridge partnered with the Kansas City-based University of Kansas Health System.
  2. BetterKnight, a virtual sleep company, raised $33 million in growth funding.
  3. Health and wellness platform Hims & Hers reported a 94 percent jump in revenue for 2022.

 

Companies that had a bad week: 

 

  1. Health tech company Color Health laid off 300 workers as it shifted focus from the COVID-19 pandemic.
  2. Precision medicine startup Vibrent Health laid off 13 percent of its staff. 

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