Finance

Niall O'Connor, chief technology officer at Cohere Health, discusses how AI and machine learning can help streamline the prior authorization process by analyzing the totality of patient information and reducing denials by health plans.

The company will use the investment to fuel the expansion of Paradigm,its FDA-cleared, AI-enabled surgical navigation platform.

The company reported a 19% increase in revenue in the second quarter of this year compared to the prior year, driven by an 82% increase in B2B revenue.

The New York-based company reported a 10% increase in revenue, boosted by an 18% gain from BetterHelp to $292.4 million.

GenHealth AI, maker of what it calls a large medical model, and senior-focused startup K4Connnect also secured investment.

The health tech giant reported $4.8 billion in revenue, a 7% growth year-over-year, and increased profit expectations for 2023.

The company let go of 48 workers in the U.S.

The senior debt facility is part of Amino's $80 million in equity and debt financing received in May.

The San Francisco-based company will add Limbix's SparkRx offering to its digital therapeutics portfolio.   

The round brings the company's total raise to $93 million.