Pear Therapeutics, maker of prescription digital therapeutics, announced today that it’s filed for Chapter 11 bankruptcy and it’s seeking a sale of its business or assets. The company will continue its scaled-down operations during Chapter…
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As a primary care physician and cancer survivor, I’ve seen and experienced the physical and emotional toll the disease takes on patients and caregivers. Fortunately, great progress has been made on the clinical front,…
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Accolade, which offers virtual healthcare as well as care and benefits navigation services, will cut staff and downsize its office footprint, according to a filing with the Securities and Exchange Commission. The company declined to comment on…
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Population health technology company Color announced it had laid off workers as it pivots focus away from COVID-19 testing.According to posts by former employees on LinkedIn, the company cut 300 jobs. Color CEO Othman…
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Lucira Health announced it had filed for Chapter 11 bankruptcy last week just as the diagnostics company received Emergency Use Authorization from the FDA for an at-home combination COVID-19 and flu test. In the company’s…
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Cough, fever, and breathing difficulty could signal a Covid-19 infection. It could also be the flu. A Lucira Health diagnostic is now the first one authorized by the FDA to identify the culprit virus…
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February 16, 2023 Headlines No Comments Avaya Files For Chapter 11 Bankruptcy After Cloud Subscription Accounting Woes
Unified communications and collaboration services vendor Avaya, whose healthcare offerings include solutions for virtual care, collaboration, and patient access technology, files for Chapter 11 bankruptcy for the second time in six years.
Elation Health Acquires Medical Billing Company Lightning MD to Accelerate Market’s First Primary Care All-in-One Solution
Primary care EHR vendor Elation Health acquires practice-focused medical billing company Lightning MD.
Spacelabs Healthcare Expands Clinical Informatics Capabilities with Acquisition of Predictive Analytics Company PeraHealth
Spacelabs Healthcare acquires PeraHealth and its Rothman Index patient deterioration software for undisclosed…
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Unified communications and collaboration services vendor Avaya, whose healthcare offerings include solutions for virtual care, collaboration, and patient access technology, files for Chapter 11 bankruptcy for the second time in six years.
The Durham, NC-based company reported lower than expected revenue and earnings last year, blaming accounting problems with its cloud subscription revenue, after which it replaced its CEO.
AVYA share price has dropped 98% in the past 12 months, valuing the company at $24 million.
Reader Comments From Baby Payer: “Re: IVF coverage. In an example of our messed up healthcare system, women are taking Amazon jobs and quitting after…
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