Business
CEO of First Choice Health Jaja Okigwe says that risk-based contracts free providers up from billing for services to think about the person's health more comprehensively.
Also, a new AI-powered health supplement app has gone live in South Korea.
The layoffs make up about 6% of the virtual care giant's non-clinician workforce.
The prescription digital therapeutics company will also put non-ADHD products in development on hold to "conserve capital and focus."
Maternity care clinic Oula raised $19.1 million, male fertility startup Posterity Health brought in $7.5 million and AI platform Ferrum Health scooped up $6 million.
The Dallas-based company said the investment brings its valuation to more than $2 billion.
Jennifer Goldsack, CEO of the Digital Medicine Society, discusses the ways newcomers in the field can move trends in the adoption of healthcare technology.
Also, Dozee has received capital backing from British International Investment for its hospital bed upgrade project.
The company's CEO said the layoffs will help Verily refine its strategy, prioritize its product portfolio and simplify its operating model.
The newly spun-off GE HealthCare entered into an agreement to acquire IMACTIS, developer of CT interventional guidance technology.