Morning Headlines 6/13/24

Veterans Health Administration creates new office to streamline tech initiatives

The VA creates a new Digital Health Office to unify the Veterans Health Administration’s technology initiatives, including those related to health informatics, AI, population health, and connected care.

Brightside Health Expands into Substance Use Disorder, Virtual Intensive Outpatient Treatment

Virtual mental healthcare company Brightside Health acquires Lionrock Recovery, which offers virtual intensive outpatient addiction treatment services.

Canary Speech Secures $13 Million in Series A Funding to Change How the World’s Top Healthcare Organizations Screen for Mental Wellness and Cognitive Health

Canary Speech, a health IT company specializing in the development of AI-powered vocal biomarkers, raises $13 million in a funding round led by Cortes Capital.

United States Sues Telehealth Providers and Executives for Unfair and Deceptive Conduct

Cerebral will pay $7 million to settle federal complaints of a variety of deceptive business practices, though the DoJ and FTC will continue to pursue Cerebral founder Kyle Robertson and several business associates for their role in subsequent, similar practices at telehealth companies launched after Cerebral shut down.

Koda Health Secures New Funding to Expand Advance Care Planning Capabilities

Koda Health, an advance care planning software startup spun out of Texas Medical Center, closes an oversubscribed seed funding round.