Finance

The AI-enabled company attributes its revenue growth to its HealthTrio and Decision Point Healthcare Solutions acquisitions, announced in December.

According to the bankruptcy petition, the company has liabilities of $1 billion to $10 billion and assets of $500 million to $1 billion.

The combined entity will offer primary care, mental health, occupational health, and pharmacy and musculoskeletal services to a combined base of 630 clients.

Personify will merge Virgin Pulse's wellbeing, health and comprehensive navigation services with HealthComp's health plan administration offerings.

Accountable care organization OneCare Vermont's interim CEO, Abe Berman, and CFO, Tom Borys, relays how the accountable care organization ensures high-quality continuum of care and the impact of CMS' model on Vermont hospital systems.  

Providers are responsible for navigating variable coverage schemes while caring for patients, says Jay Rughani, investment partner at Andreessen Horowitz. AI and LLMs advancements can help fix this trajectory and reduce administrative burnout.  

The funds come two years after the company scored a $1.15 billion investment.

The pharma giant will also pay $55 million to fund the point-of-care diagnostics platform until the acquisition closes, which is expected to occur by mid-2024.

Foley & Lardner's Nathaniel Lacktman and Louis Lehot discuss which categories of digital health hold the most potential for M&As and why in this contributed piece.