Investing
The VC firm's business venture, HATCo, announced it signed a letter of intent to purchase the nonprofit healthcare system and shift its focus to value-based care.
Holly Maloney, managing director at General Catalyst, discusses where AI is making waves in healthcare and how digital health funding will progress in 2024.
AI-powered dental practice technology company Peerlogic and AI-enabled clinical trial design company QuantHealth also scored investments.
The funding will be used to support the company's expansion.
The funding marks the completion of the company's merger with Amelia Virtual Care, and the investment will be used to support the combined companies' growth.
The company's proprietary technology aims to reduce motion sickness in an extended reality environment by stimulating the inner ear's vestibular system.
The funds come two years after the company scored a $1.15 billion investment.
The company offers diagnostic tests and therapeutics to detect and treat endometriosis, female fertility and bacterial vaginosis.
Jay Rughani, investment partner at a16z, discusses 2023 events, predictions for digital health funding in 2024 and proper AI regulation to avoid stifling innovation.
Sehat Kahani is now exploring predictive AI in telehealth.