Morning Headlines 12/19/23
Remote patient monitoring and virtual care company CoachCare acquires RPM vendor Verustat, its fourth acquisition within the last 12 months.
Bright Health’s California Medicare business devalued by $100M ahead of sale
Bright Health Group will sell its California Medicare Advantage business to Molina Healthcare for $500 million, rather than the originally proposed $600 million, in a previously announced deal that is expected to close in early January.
Kaid Health Announces New Financing to Fuel Market Expansion of its Whole Chart Analysis Platform
AI-powered chart review software vendor Kaid Health announces a new investment that brings its total funding to $9 million.
Weird that Google can acknowledge its crowdsourced medical advice was wrong, but escape penalties for doing it wantonly at scale.