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.
Multiple news outlets reported late Wednesday the Federal Trade Commission wouldn't sue to block the deal, but it would continue its investigation.
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.
The funds will be used to expand its research and development teams in the U.S. and Israel.
Elation said it would offer a product that includes Lightning MD's tools in beta starting this summer.