Morning Headlines 5/23/24

Boulder Secures $35 Million in Series C Funding to Provide High-Quality Addiction Medicine to Medicaid Beneficiaries

Digital addiction treatment provider Boulder Care raises $35 million in Series C funding.

Trego County hospital targeted by ransomware attack

Trego County Lemke Memorial Hospital, a 25-bed hospital in Kansas, works to recover from a May 6 cyberattack

Cue Health lays off remaining employees after FDA warning on COVID-19 tests

COVID-19 testing company Cue Health, which went public in 2021 at a $3 billion valuation, lays off all of its employees in the wake of FDA’s warning that its tests may yield false results.

Videra Health Secures 5.6M in Funding to Advance Mental Health AI Solutions Led by Peterson Ventures

Videra Health, developer of AI-powered, video-based mental health assessments, raises $5.6 million in seed funding.

Patient portal, phones still offline weeks after Palomar Health reports ‘suspicious activity’

Palomar Health Medical Group (CA) works to get its patient portal and phone lines back up and running after a May 5 cyberattack.