Digital Health Companies Layoffs

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These Are the Healthcare Startups Doing Layoffs in 2023

(4 days ago) WEBDigital health layoffs have been on the rise since last year. As interest rates skyrocketed, investors started to pull back on funding, leading companies to slash staff to preserve cash.

https://www.businessinsider.com/digital-health-startups-slashing-staff-this-year-healthcare-layoffs-2023

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Babylon Health Shutters U.S. Business, Lays Off Employees - Forbes

(5 days ago) WEBB abylon, the troubled digital health company that’s been looking for a buyer, told the Texas Workforce Commission it would “permanently close” its Austin …

https://www.forbes.com/sites/katiejennings/2023/08/09/digital-health-company-babylon-shutters-us-business-lays-off-employees/

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Included Health, wearable startup Whoop reveal layoffs - Fierce …

(5 days ago) WEBHealth tech companies cutting staff this year included Mfine, a Bengaluru, India-based platform company (600 employees laid off); Stockholm-based digital …

https://www.fiercehealthcare.com/digital-health/digital-health-company-included-health-cuts-workforce-part-restructuring-move

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Akili Interactive, maker of digital therapeutics, announces layoffs

(1 days ago) WEBAs sales slump, prescription digital therapeutics maker Akili lays off 46% of workforce, and will "evaluate potential strategic alternatives."

https://www.statnews.com/2024/04/30/akili-interactive-digital-therapeutics-firm-announce-layoffs-restructuring/

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Capsule latest digital health startup to cut staff - Fierce Healthcare

(1 days ago) WEBCarbon Health, a hybrid primary care company that banked a hefty $350 million funding round a year ago, cut 8% of its global workforce, or about 250 …

https://www.fiercehealthcare.com/digital-health/digital-pharmacy-startup-capsule-lays-13-workforce-media-report

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Health tech companies are facing a wave of layoffs - STAT

(6 days ago) WEBNoom raised $540 million in a single round last May; now it’s laying off 495 employees, many of them wellness coaches. Carbon Health went on an acquisition …

https://www.statnews.com/2022/06/14/health-tech-digital-layoffs-carbon-noom/

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Truepill, a digital health unicorn, conducts fourth round of layoffs …

(9 days ago) WEBTruepill, a platform that helps other companies offer diagnostics, telehealth services and prescriptions, has conducted its fourth layoff of the year. Sources say the …

https://techcrunch.com/2022/09/29/truepill-a-digital-health-unicorn-conducts-fourth-round-of-layoffs-in-2022/

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Digital health unicorns need a checkup TechCrunch

(4 days ago) WEBDigital health unicorns Ro, Cerebral, Calibrate and Forward's layoff stories share a through line that reveals the unique challenges of being a venture-backed …

https://techcrunch.com/2022/07/18/digital-health-unicorns-need-a-check-up/

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10 chief digital officers on what layoffs mean for digital health …

(2 days ago) WEBMichael Hasselberg, PhD, RN. Chief Digital Health Officer at University of Rochester (N.Y.) Medical Center: In 2021 we witnessed an unprecedented venture …

https://www.beckershospitalreview.com/digital-health/10-chief-digital-officers-on-what-layoffs-mean-for-digital-health-industry.html

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Three more digital health ‘unicorns’ undergo layoffs

(9 days ago) WEBTruepill, a digital health pharmacy company based in San Mateo, California, laid off 15% of its staff in early June, which equated to about 150 employees. Sid …

https://www.modernhealthcare.com/labor/three-more-digital-health-unicorns-undergo-layoffs

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Layoffs in Healthcare: Digital health startups and companies …

(8 days ago) WEBAn alarming number of digital health companies have dismissed employees in 2022, and 2023 didn’t start better. With big techs like Google’s parent …

https://allhealthtech.com/layoffs-in-healthcare/

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Layoffs hit Cerebral, Carbon Health and other digital health …

(Just Now) WEBOther digital health companies that have undergone layoffs in the last few weeks include Bengaluru, India- based platform company, Mfine; New York-based …

https://www.modernhealthcare.com/finance/layoffs-hit-cerebral-carbon-health-and-other-digital-health-companies

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98point6 hit by new layoffs in latest change at health tech startup

(1 days ago) WEBSeattle-based digital healthcare startup 98point6 has conducted a new round of layoffs, the company confirmed Tuesday. 98point6 did not provide details on the number of …

https://www.msn.com/en-us/money/companies/98point6-hit-by-new-layoffs-in-latest-change-at-health-tech-startup/ar-AA1nxs4D

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Digital therapeutics player Akili weighs strategic options - Axios

(7 days ago) WEBDigital therapeutics company Akili (Nasdaq: AKLI) said it plans to lay off half of its workforce and will explore strategic options as the troubled firm continues to suffer …

https://www.axios.com/pro/health-tech-deals/2024/05/01/digital-therapeutics-akili-strategic-options-layoffs

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The Fate Of Digital Health Startups: How Companies Live, Die

(9 days ago) WEBgetty. U.S. digital health startups raised $6.1 billion in the first half of 2023, according to Rock Health, which sounds impressive until you compare it to the $10.4 …

https://www.forbes.com/sites/forbesbusinesscouncil/2023/11/22/the-fate-of-digital-health-startups-how-companies-live-die-and-why/

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Akili layoffs hit 46% of employees Modern Healthcare

(7 days ago) WEBIt also laid off 46 employees in January 2023. In 2023, the company posted a net loss of $59 million or 76 cents per share and generated $1.7 million in revenue.

https://www.modernhealthcare.com/digital-health/akili-layoffs-marketing-medical-affairs

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Healthcare Moves: A Monthly Summary of Hires and Layoffs

(3 days ago) WEBChris Ricaurte joined digital health company Parsley Health as co-CEO alongside its founder Robin Berzin. He comes to Parsley from VillageMD, where he …

https://medcitynews.com/2024/04/healthcare-executive-layoffs-4/

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Healthcare Moves: A Monthly Summary of Hires and Layoffs

(3 days ago) WEBThe health system had another round of layoffs in January, which affected 262 employees. Swift Medical, a digital health company that helps nurses identify …

https://medcitynews.com/2023/09/healthcare-executive-layoffs-2/

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Healthcare Moves: A Monthly Summary of Hires and Layoffs

(2 days ago) WEBLayoffs. Primary care startup CityBlock Health laid off 155 employees, which is about 12% of its workforce. Gig nursing platform CareRev has plans to lay off …

https://medcitynews.com/2023/06/healthcare-executives-layoffs/

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Leading Companies Announcing Layoffs And Hiring Freezes in 2024

(8 days ago) WEBThe following is the list of major layoffs, job cuts, and hiring freezes announced by leading companies in 2024. Subscribe to Intellizence to get the complete …

https://intellizence.com/insights/layoff-downsizing/leading-companies-announcing-layoffs-and-hiring-freezes/

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Can Hospitals Create Better Digital Health Startups? AHA

(3 days ago) WEBThe startup incubation studio Aegis Ventures recently gained some important backers for its model to co-develop, invest in and deploy tech solutions that address …

https://www.aha.org/aha-center-health-innovation-market-scan/2024-04-23-can-hospitals-create-better-digital-health-startups

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Amid Week of Departures, Perkins Coie Picks Up GC as IP Partner

(9 days ago) WEBZach Hong arrived at Perkins’ New York office from Cleerly, a digital health care company. Perkins Coie has hired a new IP partner in Zach Hong, a former GC and …

https://www.law.com/americanlawyer/2024/04/25/amid-week-of-departures-perkins-coie-picks-up-gc-as-ip-partner/

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UnitedHealth hackers took advantage of Citrix vulnerabilty to …

(1 days ago) WEBHackers broke into UnitedHealth's tech unit on Feb. 12 by exploiting a security vulnerability in software from private IT company Citrix that allows employees remote …

https://www.reuters.com/technology/cybersecurity/unitedhealth-hackers-took-advantage-citrix-vulnerabilty-break-ceo-says-2024-04-29/

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Fact Sheet on FTC’s Proposed Final Noncompete Rule

(6 days ago) WEBReduced health care costs: $74-$194 billion in reduced spending on physician services over the next decade. New business formation: 2.7% increase in the …

https://www.ftc.gov/news-events/news/press-releases/2024/04/fact-sheet-ftcs-proposed-final-noncompete-rule

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AHRQ guide provides ways to support equity through digital …

(3 days ago) WEBThe Agency for Healthcare Research and Quality recently released a guide to help health systems and other stakeholders assess and advance equity in health care …

https://www.aha.org/news/headline/2024-04-25-ahrq-guide-provides-ways-support-equity-through-digital-health-care-technology

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Walmart to close 51 clinics as it shutters its entire Walmart Health

(6 days ago) WEBOffering health care services has proven difficult for nontraditional providers. Last month, Walgreens said it had closed 140 of its VillageMD primary care clinics, with …

https://www.nbcnews.com/business/business-news/walmart-closing-health-clinics-walmart-health-division-why-rcna149968

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Department of Labor and Workforce Development Layoffs and …

(8 days ago) WEBThe Department of Labor and Workforce Development has neither enforcement authority, nor rulemaking authority under the Millville Dallas Airmotive Plan Job Loss Notification …

https://www.nj.gov/labor/employer-services/warn/

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Mass layoffs in NJ: Thousands of job cuts planned in 2024

(Just Now) WEB0:00. 1:59. Mass layoffs — 3,600 job cuts — are coming to the Garden State in 2024. Want to know how many of them will be at your company? …

https://www.northjersey.com/story/money/workplace/2024/01/13/mass-layoffs-in-nj-thousands-of-job-cuts-planned-in-2024/72217995007/

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Inside Alleycorp’s push to turn NYC into a health innovation hub

(3 days ago) WEBIt has incubated or invested in 33 healthcare-focused startups, including women’s health company Maven, physician enablement company Pearl Health and …

https://www.modernhealthcare.com/digital-health/alleycorp-nyc-health-innovation-hub

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Meet the 63 companies named to N.J. Top Workplaces list for 2021

(3 days ago) WEBResidential mortgage lender AnnieMac, (midsize, No. 3), was named one of the Top Workplaces in the midsize company (150-499 employees) category. CEO Joe …

https://www.nj.com/business/2021/06/meet-the-63-companies-named-to-nj-top-workplaces-list-for-2021.html

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Updated FTC Health Breach Notification Rule puts new provisions …

(6 days ago) WEBIt was Shakespeare who said, “Once more unto the breach.” The FTC’s goal is never more unto the breach, but until companies keep health data secure and private, …

https://www.ftc.gov/business-guidance/blog/2024/04/updated-ftc-health-breach-notification-rule-puts-new-provisions-place-protect-users-health-apps

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Walmart Health closing all 51 health centers in 5 states - USA TODAY

(4 days ago) WEBCellphone carriers fined:FCC fines Verizon, AT&T other major carriers nearly $200 million for sharing customer data Walmart health centers provided a range of …

https://www.usatoday.com/story/money/business/2024/04/30/walmart-health-closing-all-centers/73510119007/

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Transgender health care must be paid for by state insurance - NPR

(5 days ago) WEBThe federal appeals court in Richmond, Va., ruled in favor of transgender patients on Monday. The case was brought by Medicaid recipients in West Virginia and …

https://www.npr.org/sections/health-shots/2024/04/29/1247896150/transgender-health-insurance-west-virginia-north-carolina-appeals-court

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