Mental health ‘unicorn’ Calm cuts 20% of workforce
In a memo, CEO David Ko said the layoffs came as the 10-year-old company revisited its investment thesis.
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Intermountain CEO Dr. Marc Harrison leaving for General Catalyst
Intermountain CEO Dr. Marc Harrison will leave the not-for-profit health system to join the venture capital firm General Catalyst.
Digital health funding and deals roundup: Maven partners with insurer
Here are the deals and funding rounds for digital health companies during the week of August 8, 2022.
Oscar Health pauses insurer, provider technology service deals
Oscar Health's net loss increased 52.9% to $112.1 million in the second quarter.
Amazon expanding Amazon Care with behavioral health
Amazon's latest step into healthcare comes as details are made public about a competing bid it faced for One Medical.
Babylon CEO says profitability is a few years away
Babylon CEO Ali Parsa remained bullish about the company’s path to profitability, despite a net loss of $157.1 million in the second quarter.
Health insurance broker GoHealth lays off 20% of employees
GoHealth's net loss increased six-fold to $37.2 million during the second quarter.
Bright Health Group needs capital to stay afloat, CEO says
The insurtech’s net loss quadrupled to $251 million during the second quarter and the company needs capital to to get to break even, CEO Mike Mikan told investors.
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