Morning Headlines 10/26/22

Telehealth unicorn Cerebral lays off 20% of staff for ‘operational efficiencies’

Virtual mental health provider Cerebral lays off 20% of its staff, reportedly affecting 400 employees in primarily clinical and care counselor roles.

Electronic Caregiver Announces the closing of an additional $42.5 Million in Funding to Accelerate Expansion

Electronic Caregiver, which offers remote patient monitoring, virtual care, and chronic care management services, raises $42.5 million.

Hospital for Special Surgery (HSS), The Global Leader in Orthopedics, Launches Newco Targeting $380B National Musculoskeletal Health Burden

Hospital for Special Surgery announces plans to launch for-profit virtual musculoskeletal physical therapy provider RightMove, which is backed by a $21 million Series A funding round.

VA Awards Oracle Cerner $956M in EHR Modernization Task Orders

The VA awards Oracle Cerner $956 million worth of task orders to continue its rollout.