Companies that had a good week:
- SwitchPoint Ventures partnered with Nashville, Tenn.-based Ardent Health Services to launch an innovation studio.
- Censinet, a digital risk management company, received $9 million in a financing round that saw investment backing from several health systems.
- Data analytics company Holmusk secured $45 million in a series B financing round.
Companies that had a bad week:
- Cue Health, an at-home diagnostics company, laid off 388 employees.
- Verily, the healthcare unit of parent company Alphabet, laid off 15 percent of its staff.
- Software giant Salesforce saw Taher Elgamal, chief technology officer of security, leave the company.
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.
