Telehealth
The Australian conglomerate is increasingly focusing on digital health.
Doctor Care Anywhere has sold the company to My Emergency Doctor.
The company, cofounded by Tony Robbins and backed by Serena Williams, will use the funds to speed up growth and expand its offerings.
Connor Tobin, professional soccer player and the cofounder and executive director of the United Soccer League Players Association, discusses a partnership with telehealth platform Onrise to support players' mental health.
It is now looking to expand into other regions such as the Middle East.
Also, HeraMED is deploying its remote pregnancy monitoring solutions in a private practice in Perth.
This is the second round of layoffs in less than a year.
According to an audit by the Office of the Inspector General, Medicare improperly paid for $580 million of psychotherapy care, including $348 million of telehealth services, during the first year of the COVID-19 public health emergency.
In a blog post, the virtual care provider blasts the insurer for paying it less than other providers in California and refusing to process 'every single' out-of-network claim.
The company reported a larger net loss in the first quarter that included a $330.3 million noncash goodwill impairment charge.