Philadelphia-based Penn Medicine-Wharton Fund for Health has invested in Fabric Health and Stimulus.
Digital Health
Drugstore and insurance company CVS Health is looking to place a bid for home health company Signify Health, which is valued at $4.7 billion, according to Aug. 7 reporting in the Wall Street Journal.
Babylon, a digital health company that facilitates virtual visits, intends to let go of about 100 employees as it cuts costs by about $100 million, Bloomberg reported recently.
A study from researchers at the Swedish Linkoping University shows that a digital support tool on a smartphone can help reduce dangerous drinking, according to an Aug. 5 report from The Institution of Engineering and Technology.
Digital health and medical technology company Sibel Health has raised $33 million in new series B fundraising.
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A year after raising $100 million, weight loss-focused digital health startup Calibrate has laid off 24 percent of its employees.
Digital-first home healthcare firm Cera has secured $320 million in funding to expand the number of patients it can care for.
Collaborations with healthcare organizations and better health experiences through its Galaxy Watch series, TaeJong Jay Yang, executive vice president of Samsung, outlined the company's health and wellness vision Aug. 2.
Healthcare tech and services company Bravado Health has named Mallory Tai Taylor CEO.
Homeward, a San Francisco-based startup that launched in March with the goal of increasing healthcare access to rural communities, received $50 million in series B funding.