Akili Interactive, the company behind a video game-like prescription digital therapeutic for children with ADHD, reported its second-quarter earnings since expanding into the adult ADHD market in June with the release of its over-the-counter offering EndeavorOTC.
The Boston-based company reported $114,000 in revenue for the second quarter of 2023 compared to $113,000 in the first quarter of this...
Telehealth and medical transportation company DocGo reported its second-quarter financial results, showing total revenue of $125.5 million, up from $109.5 million in the same period last year.
Revenue from the company's mobile health services was $80.1 million in Q2 2023 compared to $87.3 million in Q2 2022, and it reported $45.4 million in revenue for its transportation services compared to $22...
Medicare Advantage insurtech company Clover Health announced it received a notice from NASDAQ stating the company has regained compliance with the minimum bid price requirement of closing at $1 or more per share for at least 10 consecutive days.
The company said that thanks to NASDAQ's notice, it will revisit its plans to effect a reverse stock split and share reduction proposal, as noted in a...
Multinational digital health firm Babylon reported its previously announced business combination with digital neurotherapy company MindMaze is not moving forward, and it will pursue the sale of its U.K. business to third parties and exit its U.S. business.
In June, the company revealed that it accepted a take-private proposal from AlbaCore Capital on behalf of its affiliate company MindMaze,...
Butterfly Network, maker of a handheld, smartphone-connected ultrasound system, reported a 3.8% drop in revenue in the second quarter of 2023 at $18.5 million compared to its Q2 revenue of $19.2 million in 2022.
Butterfly reported a net loss of $28.7 million for the period compared to a $35.8 million loss in Q2 2022. Adjusted earnings before interest, taxes, depreciation and amortization (...
The Healthcare Information and Management Systems Society (HIMSS) and exhibition organizer Informa Markets announced the pair had signed an agreement for Informa to take over management of the HIMSS Health Global Conference & Exhibition, with HIMSS continuing to oversee expert content and event programming.
HIMSS Global Conference & Exhibition drew over 40,000 healthcare and technology...
Augmedics, an augmented reality surgical navigation platform, announced it successfully won a bid to purchase the digital health assets of Surgalign and Holo Surgical for $900,000 in cash, following the spine technology company's bankruptcy.
Surgalign's digital health offerings include its HOLO Portal, an AI-driven augmented reality guidance system that allows intraoperative image-guided...
AI-enabled surgical technology company Proprio announced it secured $43 million in Series B funding from new and existing investors, including Bird B.
WHAT IT DOES
The Seattle-based company offers an FDA-cleared surgical navigation platform dubbed Paradigm, which utilizes light field technology and artificial intelligence to generate 3D visualization of surgery, allowing for intraoperative scans...
Teletherapy company Talkspace saw its stock price rise after reporting second-quarter revenue of $35.6 million, a 19% increase over the prior year period, driven by an 82% increase in B2B revenue year-over-year and partially offset by a 41% consumer revenue decline.
The New York-based company's net loss was substantially lower in the second quarter at $4.7 million than its $23 million loss in Q2...
Teladoc Health stock rose Tuesday after the virtual care company reported a 10% increase in revenue year-over-year to $652.4 million from $592.4 million in the prior year.
For Teladoc Health's Integrated Care segment, revenue increased 5% year-over-year to $360.1 million, and for BetterHelp it increased 18% to $292.4 million in Q2 2023.
Revenue in the U.S. rose 8% to $561.8 million, while...
