The digital health market is constantly changing, with new startups coming onto the scene and more established companies restructuring their strategies.

Because of nursing shortages, many health systems and hospitals are looking at virtual care models to reduce the strain on frontline caregivers.

Ochsner Ventures, the venture capital arm of New Orleans-based Ochsner Health, invests in emerging companies, helps develop businesses, and collaborates with partners around the country that have a common aim of improving healthcare.

Digital therapeutics company Constant Therapy Health won the $100,000 Hearst Health Prize for excellence in data science selected by experts at the UCLA Center for SMART Health in Los Angeles.

KidsX, a digital health children's hospital consortium including Boston Children's Hospital and Children's Hospital LA, is partnering with digital health company Redesign Health to launch a program bolstering pediatric digital health companies.

Researchers at the Humana Integrated Health Systems Science Institute and the University of Houston have created an artificial intelligence-powered tool that helps predict which patients are at risk of diabetes complications.

Pfizer has named Edward Cox as head and general manager of digital health and medicines, according to Mr. Cox's Nov. 2 LinkedIn post. 

Bain Capital Life Science led a $250 million series D funding round for biotechnology company Emalex Biosciences.

The digital health world is constantly changing, and investors never know which startup is next to hit unicorn status.

Businesses in the U.S. paid out about $1.2 billion in ransomware payments in 2021, a new record and triple the amount from 2020, CNBC reported.