Investing

This week's top stories include the CMS ups penalties for hospitals ignoring the price transparency rule, the ATA and other groups ask Congress to safeguard telehealth for workers, and senior assistance company Papa raises $150 million in Series D funding.

The company said its valuation is now $1.4 billion.

The latest round follows a $14 million Series B raise from 2019.

The company said the Series B brings its total raise to $20 million.

The company plans to put the new funds towards building out its platform. 

The company said it’s app analyzes weekly urine tests to provide nutrition and lifestyle guidance.

The company, formerly named Thryve, also hired a new CEO and a chief product officer.

This new infusion of cash brings the company's total funding to $28 million. 

The new technology is being developed for in-hospital and at-home use. 

According to reporting by TechCrunch, employee morale is low as the company struggles to expand successfully beyond its men’s health products.