Morning Headlines 6/7/24
Healthcare software firm Waystar raises $968 mln million in IPO, sources say
Waystar reportedly raises $968 million in its IPO, giving it a valuation of $3.69 billion.
Walmart shut down its healthcare clinics after losses reached nearly a quarter of a billion dollars
Endpoints News reports that Walmart lost $230 million last year alone on its Walmart Health clinics before announcing their closure a few weeks ago.
Health Catalyst Acquires Oncology-Focused Health Technology Company Carevive
Health Catalyst acquires Carevive Systems, which offers cancer treatment support tools for oncology providers and life sciences researchers.
DirectTrust launches an accreditation program for digital health apps, which will use privacy, security, transparency, and interoperability criteria as provided by the Digital Therapeutics Alliance trade association.
"A valid concern..." Oh please. Everyone picks the software they like and the origin of that software is an afterthought.…