Lawmakers at both the federal and state level are bringing bills to the table that focus on protecting healthcare data in the wake of Roe v. Wade being overturned, CNBC reported July 9.
Digital Health
Digital health funding fell in the first half of 2022, according to a July 10 report from Rock Health, a seed fund that supports digital health startups.
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.
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.
Advertisement
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.
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.