Digital Health

Akili, a digital health company that was making video games to treat behavioral health disorders, is laying off 40 percent of its workforce as it switches business models, Boston Business Journal reported Sept. 14.

The U.S. healthcare industry will struggle to adopt artificial intelligence due to "switchover disruptions," the expensive implementation period for new technologies that can disrupt profitable operations, Harvard Business Review reported Sept. 14. 

Two health system innovation chiefs have been named to the steering committee for CancerX, an initiative that aims to cut the U.S. cancer death rate in half through digital health.

Rochester, Minn.-based Mayo Clinic and GE HealthCare are collaborating on a new project that will create an innovation center designed to advance medical imaging and theranostics.

While private equity and venture capital activity in health IT remained "muted" in the second quarter of 2023, VC funding picked up alongside health systems' financial improvement, PitchBook reported.

Fourteen Hartford (Conn.) HealthCare physicians have pitched ideas to doctoral students at Massachusetts Institute of Technology that aim to use artificial intelligence and machine learning to enhance healthcare, Hartford Courant reported Sept. 11. 

Tampa (Fla.) General Hospital is expanding its use of a virtual hospital platform to inpatient settings after using it in its medical intensive care unit. 

LabShares, a provider of laboratory space, equipment and services to biotech companies, announced that life sciences industry veteran Philip Borden and investment group Pacific Lake Partners purchased a majority stake in the company.

Biotech company 2seventy bio is cutting 176 positions — equivalent to 40 percent of its workforce, MarketWatch reported Sept. 12.

Bold, a digital health and fitness platform for adults on Medicare, raised $17 million in its series A financing round.