Companies that had a good week:
- Enveda Biosciences, a drug discovery platform that uses machine learning, raised $68 million in a series B funding round and debt financing agreement.
- Carbon Health, a primary care and telehealth company, is looking to disrupt the EHR business.
Companies that had a bad week:
- BioTelemetry, a remote monitoring and telehealth company, paid nearly $45 million to settle allegations that it improperly billed Medicare by outsourcing heart monitoring services to India.
- Headspace Health, a digital meditation and mental health app, laid off 4 percent of its staff.
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.
