Morning Headlines 5/15/24
- Crosby Health will use $2.2 million in pre-seed funding to further develop its automated clinical appeals software.
CareCloud, Inc. (CCLD) Reports Q1 Loss, Misses Revenue Estimates
Ambulatory health IT vendor CareCloud reports Q1 results: revenue down 13%, EPS –$0.02 versus –$0.28, beating earnings expectations but falling short on revenue.
Augmedix Delivers 40% Revenue Growth for First Quarter of 2024
Augmedix, which specializes in AI medical documentation, reports Q1 results: revenue up 40%, EPS –$0.12 versus –$0.14, beating expectations for both.
Weird that Google can acknowledge its crowdsourced medical advice was wrong, but escape penalties for doing it wantonly at scale.