The digital health market is constantly changing, with new startups coming onto the scene and more established companies restructuring their strategies.
Companies that had a good week:
- Apree Health snagged former Cerner president Donald Trigg to serve as CEO.
- Precision medicine and data analytics company Verily raised $1 billion.
- Software giant Oracle reported an 18 percent jump in revenue, fueled by its acquisition of EHR company Cerner.
Companies that had a bad week:
- Digital pharmacy Medly laid off nearly half its staff and founder Marg Patel stepped down as CEO.
- Cloud company Twilio laid off 11 percent of its staff.