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.

Noah Schwartz

Friday, January 20th, 2023

Companies that had a good week:

Memora Health, a virtual care company, brought in former Cleveland Clinic CEO Toby Cosgrove, MD, and Sacramento, Calif.-based UC Davis Health CEO David Lubarsky as strategic advisers.
Paytient, a healthcare technology payment company,raised $40.5 million in series B financing.
Data company Arrive Health acquired pharmacy technology created at Pittsburgh-based UPMC.

Companies that had a bad week:

Data analytics company Definitive Healthcare laid off 55 employees.
Microsoft announced plans to lay off 10,000 workers, or about 5 percent of its workforce.

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