Cedar, a digital health startup that streamlines patient billing, has let go of 24 percent of its employees, a company spokesperson confirmed to Becker's.
Digital Health
Former Theranos COO Ramesh "Sunny" Balwani was convicted on 12 criminal fraud charges, CNBC reported July 7.
Thirty-eight percent of U.S. patients utilized digital health options in May 2022, according to a July 7 collaborative report between Pymnts and CareCredit.
Well Health has selected Iain Paterson as its chief information security officer, the Santa Barbara, Calif.-based digital health company said July 8.
Babylon, a digital health firm based in London, said July 6 that it's implementing revenue and cost efficiencies to speed up its path to profitability.
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Corona del Mar, Calif.-based Tebra has raised $72 million to reach a valuation of $1 billion.
Innovaccer Inc. announced its Connected Digital Health solution July 6, allowing medtech and biopharma companies to connect with patients digitally.
Biomedical company Orchestra BioMed partnered with Medtronic and snagged $110 million in a Series D funding round.
AI-powered diagnostic platform inks $15M in funding.
Sequoia Capital China has raised $9 billion for four new funds that will support healthcare, technology and consumer start-ups.