Health and Wellness
The company received the funds as part of growth equity financing.
Adam Elsesser, president, chairman and CEO of Penumbra, describes the medical device company's move into virtual reality and how its REAL system helps therapists measure a patient's progress.
The acquisition will allow Color Health to provide behavioral and mental health treatment at scale.
HSS announced it raised $21 million in Series A funds to launch the new company.
Partner hospitals will be provided with telemedicine support and resources to mobilise critical stroke patients.
A Cerebral spokesperson said the cuts were "focused specifically on realizing operational efficiencies while prioritizing clinical quality and safety across the organization."
The acquisition will expand Unified's portfolio of women-focused companies to include menopause-relief offerings in all 50 states.
Also, Royal Philips has expanded the roll-out of its AR surgical navigation solution to Japan.
The neurostimulation device, which is currently for investigational use only, aims to treat cognitive and functional decline in Alzheimer's patients.
The traditional healthcare industry could face pressure from changing trends, including the emergence of Amazon, Walmart, CVS and Walgreens as larger players.