digital health
The company will use the funds to hasten product development, engineering and go-to-market efforts to meet market demand.
Through the acquisition, the company will expand its operations in the UK and launch operations in Germany, France and Ireland.
The organization is seeking feedback on how to best advance digital health to empower seniors using technology, while reducing administrative burdens and improving interoperability.
Equiva will integrate Belong.Life's offerings into its digital platform to give patients and caregivers access to AI health mentors.
Lark's cardiometabolic care coaching programs will be made accessible through CVS Caremark's Point Solutions Management program.
The financing is in addition to a $1.8 million NIH grant for a Veris implantable physiological monitor.
The company had struggled to keep the business profitable.
The grant will fund research to improve Veris cancer platform for underserved patients.
Twill by Dario will mark the company's entry into the Medicare Advantage market.
The telemedicine giant reported a net loss of $81.9 million in the first quarter of the year and a 20% increase in EBITDA year-over-year.