Shareholders of healthcare-at-home specialist Amedisys voted in favor of the roughly $3.3 billion pending acquisition by Optum, a subsidiary of UnitedHealth Group, according to a Securities and Exchange Commission filing.
The shareholders approved the adoption of the merger agreement, as well as compensation to the company's executive officers in connection with the merger.
Still, the deal...
AI-enabled clinical trial design company QuantHealth announced it scored $15 million in a Series A funding round co-led by Pitango HealthTech and Bertelsmann Investments, bringing its total raise to $20 million.
The company, which recently expanded into the U.S. market, offers its AI-powered Clinical-Simulator, which predicts an individual's response to treatment during a clinical trial in order...
Senior-focused technology company Intuition Robotics, which offers an AI-powered care companion robot for seniors experiencing loneliness, announced it closed a $25 million funding round, which includes $20 million in venture capital and $5 million in debt.
The round was led by Woven Capital, the growth fund of Toyota, with participation from OurCrowd, Toyota Ventures, Western Technology...
NASA announced that four astronauts will launch to the International Space Station (ISS) by August 25 on a six-month science expedition to perform research to improve healthcare options on Earth.
Launched from the Kennedy Space Center, NASA's SpaceX Crew-7 astronauts will bring multiple research investigations sponsored by the ISS National Lab.
Among the various studies, researchers from the...
New York-based Peloton announced the launch of Peloton for Business, its new B2B offering that will supply equipment and content to clients in the sectors of corporate wellness, multifamily residential businesses, hospitality, community wellness, healthcare, education and gyms.
The company will offer access to its Peloton Bike for use by an unlimited number of users, partnership services that...
Baby tech company Owlet reported a drop in revenue to $13.1 million in the second quarter of 2023, compared to $18.3 million for the same period last year. It also reached a milestone, garnering FDA clearance in June for BabySat, its medical pulse oximetry wire-free sock for infants.
The company reported a net loss of $8.5 million in Q2 2023, compared to $11.7 million in Q2 2022, and an...
Daybreak Health, a digital mental health company for children and teens focused on schools, has raised $13 million in Series B funding led by Union Square Ventures, bringing its total raise to $25 million.
Existing investors Maven Ventures, Lightspeed Venture Partners and Y Combinator participated in the round alongside new investor Lux Capital.
WHAT THEY DO
Daybreak partners with schools and...
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...
Hippocratic AI, a generative AI company developing safety-focused large language models for healthcare, added $15 million in funding to its seed round, bringing its total raise to $65 million since its launch in May.
The California-based company also announced its Founding Partner Program. It is partnering with healthcare systems and digital health companies to guide the development of its...
2023 will be known, sadly, as the year millions of Americans were removed from Medicaid. As states reset their Medicaid eligibility rules post-pandemic, more rapid “unwinding” out of the gate is being seen than was predicted.
Even though the public health emergency, which guaranteed continuous coverage for enrollees, just ended in May, 3,289,000 people on Medicaid have been disenrolled as of July...
