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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Companies that had a good week:

 

  1. Vital, an artificial intelligence-powered patient experience company, raised $24.7 million in funding.
  2. Mediwhale, a South Korean artificial intelligence-based medical diagnostics company, was selected by Rochester, Minn.-based Mayo Clinic for an accelerator program.

Companies that had a bad week:

 

  1. Retail giant and healthcare disruptor Amazon laid off 9,000 workers.
  2. EHR giant Oracle Cerner conducted an unspecified amount of layoffs.

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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