Retail giant Amazon has been conducting a layoff spree as part of Amazon CEO Andy Jassy's plan to eliminate 18,000 jobs throughout the organization, some of which include employees spearheading its healthcare initiatives.
Disruptors
Optum's revenues and earnings both grew by double digits in the second quarter, its parent company, UnitedHealth Group, reported July 14.
Apple's new iPhone could be equipped with artificial intelligence to track users' moods, sleep and breathing, The Daily Mail reported.
Apple continues to aggressively hire for healthcare jobs focused on enhancing the health features of its devices.
Amazon Pharmacy has let go of about 80 staffers, Semafor reported July 13.
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Elon Musk is creating a new artificial intelligence company, dubbed xAI, which will work closely with Tesla and Twitter, CNN reported July 12.
CVS Health Ventures said it backed a startup that helps launch other startups because it believes the company can have a "multiplier" effect on digital health.
Google's generative artificial intelligence platform for healthcare is more than 90 percent accurate in making clinical decisions, on par with human providers, a July 12 study in Nature found.
Amazon and CVS are among the top-performing digital pharmacies, according to a new report from marketing intelligence company Corporate Insight.
Disruptors such as CVS Health and Optum are buying home health companies to grab a share of the $265 billion of Medicare services that are expected to move to the home by 2025, the American Hospital Association reported July 11.