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. Florence, a healthcare enablement software company, raised $20 million in a seed funding round that saw participation from GV and Salesforce Ventures.
  2. Wellvana, a tech-focused value-based care startup, raised $84 million in a round that saw participation from Houston-based Memorial Hermann. 

 

Companies that had a bad week:

  1. Better Therapeutics, a digital therapeutics company, laid off 35 percent of its workforce.
  2. Health tech company CoverMyMeds laid off 815 employees and closed one of its offices.

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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