Carbon Health
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 Series D funding round announcement follows CEO Eren Bali's Twitter post on Friday that reported a second round of layoffs affecting more than 200 people.
The company let go of over 200 people in its second round of layoffs in the past year and plans to shift its focus to its primary care and urgent care services.
Execs said investors will focus on companies with evidence of market fit, established business models and those achieving measurable health outcomes.
The year was plagued by layoffs, slowing investments and an increased need for companies to prove their market value.
The execs spotlight the year's rise of home healthcare, drop in digital health investment and expanded use of AI, in addition to the value of virtual care.
Myoung Cha, chief strategy officer at Carbon Health, discusses the company's newly released results from its diabetes management program.
Hims & Hers patients in Delaware, Maryland, New Jersey and Pennsylvania will gain access to ChristianaCare's provider network.
The insurer said the new offering will be included in the majority of its commercial health plans.
Curative is shifting from COVID-19 testing to launching a new health plan as testing needs decrease.