Finance

Akili, Oscar Health and Bright Health also post third quarter results.

Lauren Ruane, co-head of healthcare for J.P. Morgan’s Middle Market Banking & Specialized Industries, discusses how the bank helps physicians understand their needs, create solutions across treasury tools and automate office tasks.

GoodRx will continue to own and operate its telehealth platform. The deal is expected to close at the end of November.

NeuTrace focused on developing in-procedure AI tools for electrophysiology.

Amwell, Hims & Hers, Insulet and Butterfly Network also post third quarter results.  

The Silicon Valley Bank report found health tech companies in the U.S. and European Union have raised about $23 billion through the end of September this year.

Walgreens-backed VillageMD signed an agreement to purchase Summit Health, a multispecialty medical practice and parent company of urgent care provider CityMD. The deal is expected to close early next year.

The layoffs come three months after a $10 million extension that brought its Series C round to $115 million.

AeroDPC will operate as a subsidiary of Hint Health immediately following the deal. In 2023, the company plans to release a new product combining AeroDPC and HintOS' capabilities.

The acquisition will allow Color Health to provide behavioral and mental health treatment at scale.