Business
The loss included $13.4 billion in noncash goodwill impairment charges related to the virtual care company's Livongo acquisition.
The teletherapy company reported increased revenue in 2022 thanks to business-to-business growth, but it also posted an $80 million net loss.
Dr. Sunny Kumar, partner with GSR Ventures, a digital health investment company managing $3 billion in assets, surveys priorities, interest areas and the line between tech and tech-enabled services.
Multiple news outlets reported late Wednesday the Federal Trade Commission wouldn't sue to block the deal, but it would continue its investigation.
TPP founder and CEO Frank Hester believes that EHR vendors must create products that inform both hospitals and governments in order to handle future pandemics.
The company also announced it added over 450 primary care practices to its nationwide network for 2023.
Axena acquired the Leva Pelvic Health System from Renovia, which developed and first commercialized the product.
It will be based in Amsterdam, the Netherlands.
The company has let go of 54 employees as part of a restructuring of its workforce.
Spanish home care startup Senniors raised $5.6 million, and health benefits company Thatch launched with more than $6 million raised in pre-seed and seed funding.