Business

Medicare Advantage insurtech company Clover Health and virtual care company Hims & Hers Health also reported earnings.

The company will use the funds to grow its offerings, including its teletherapy platform, and expand its reach nationally.

Dr Cátia Pinto, international affairs unit coordinator at SPMS in Portugal, discusses the country’s digital health infrastructure, its use of EU recovery and resilience funds and the creation of an international health data space.

The Tennessee-based company has regained compliance with the bid price requirement to remain listed on the NASDAQ.

The company also seeks to sell its U.K. business to third parties, exit the U.S. market and continue trying to sell Meritage Medical Network.

The company reported second-quarter revenue of $18.5 million with a net loss of $28.7 million, alongside operating expenses totaling $42.2 million.

Shawn Ellis, managing partner at Distributed Ventures, tells MobiHealthNews why and how the firm's recent raise will go toward advancing digital health.

The round brings the virtual care company's total raise to $205 million.

Informa Markets will manage the massive health technology conference, while HIMSS will continue overseeing content and programming.

Leaders from both organizations discuss the motivations behind and the goals of Informa Markets' deal to manage the HIMSS Global Health Conference and Exhibition.