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. Inbox Health, a patient billing communication company, raised $22.5 million.
  2. Digital workforce platform meQuilibrium partnered with Boston-based Tufts Medicine.
  3. Odaia, an artificial intelligence pharmaceutical company, raised $25 million.

 

Companies that had a bad week:

  1. Health tech startup Healthy.io laid off 70 workers after raising $50 million.
  2. Pediatric digital mental health company Brightline laid off 20 percent of its workforce for the second time in six months.
  3. At-home diagnostics and telehealth company Cue Health plans to lay off 30 percent of its workforce.
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