Here are three fallen healthcare unicorns:
- Olive AI, a healthcare RCM company that reached a $4 billion valuation in 2021, shut down and sold the last of its business units to Waystar and Humata.
- Envision Healthcare, a physician services company that was acquired by KKR for $9.9 billion in 2018, filed for bankruptcy in May 2023.
- Proteus Digital Health, a company that made ingestible sensors, filed for bankruptcy in June 2020 after reaching a $1.5 billion valuation in April 2019.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
