Morning Headlines 8/13/24
Francisco Partners to Sell QGenda to Hearst in a More Than $2 Billion Exit
Hearst, parent company of the Hearst Health network of businesses, will acquire healthcare workforce management software vendor QGenda from Francisco Partners in a deal valued at between $2 billion and $3 billion.
Medical technology company Stryker acquires Care.ai, which specializes in smart healthcare facility and virtual care technologies.
Augmedix Delivers 27% Revenue Growth for Second Quarter of 2024
Ambient AI medical software vendor Augmedix, which will soon be acquired by Commure, sees a 27% increase in Q2 revenue but ultimately misses analyst expectations on earnings and revenue.
Weird that Google can acknowledge its crowdsourced medical advice was wrong, but escape penalties for doing it wantonly at scale.