Business
Transcarent will purchase 98point6's virtual care platform and care business. After the deal, 98point6 will focus on licensing its software to third-party providers.
HIMSS23
Mary Kratz, EVP at the Interoperability Institute, previews the panel she is leading at HIMSS23 covering cross-sector challenges to pursuing interoperability and the best uses of open-source solutions.
In a post on LinkedIn, Color CEO Othman Laraki said the company would focus on its core lines of business, including testing and telehealth infrastructure for government programs, and its prevention tools for employers and healthcare purchasers.
The funds will be used to open new clinics in the U.S.
Drug-discovery platform TandemAI, sleep-care platform BetterNight, health-monitoring system Xandar Kardian and AR/VR platform Healium also announced funding rounds.
The digital health company reported $184.1 million in revenue for Q4, a 14% decline from the same period in 2021.
The mental health platform let go of 15% of its workforce.
The company reported $526.9 million in revenue last year compared with $271.9 million in 2021.
With focus on improving the output of care and quality, the nation steers toward value-based healthcare, says Dr. Ahmed Balkhair, advisor for digital transformation at the Saudi Ministry of Health.
Lucira's diagnostic is the first over-the-counter at-home combination test for COVID-19 and flu authorized by the FDA.