Category: digital health

Digital health and health tech companies, many of them led by women, have been busy getting huge venture capital investments and aiming to disrupt the healthcare industry.

Lawmakers at both the federal and state level are bringing bills to the table that focus on protecting healthcare data in the wake of Roe v. Wade being overturned, CNBC reported July 9.

Cedar, a digital health startup that streamlines patient billing, has let go of 24 percent of its employees, a company spokesperson confirmed to Becker’s.

Former Theranos COO Ramesh “Sunny” Balwani was convicted on 12 criminal fraud charges, CNBC reported July 7.

Babylon, a digital health firm based in London, said July 6 that it’s implementing revenue and cost efficiencies to speed up its path to profitability.

Sequoia Capital China has raised $9 billion for four new funds that will support healthcare, technology and consumer start-ups. 

Digital health startups have raised billions of dollars over the last two years as telemedicine, virtual care and digital capabilities were thrust into the forefront of healthcare during the pandemic. But not every startup adds value.

Sacramento, Calif.-based UC Davis Health has received $1.7 million in federal funding to build a digital platform to improve healthcare access for underserved communities in Sacramento and Northern California. 

Despite a wavering market for tech companies and investors, funders continue to pour money into promising digital health firms.

A simple message encouraging vaccination from primary care physicians can improve vaccination rates among Black and Latino communities, according to a June 17 study in JAMA Network Open.