The digital health market is constantly changing, with startups coming on to the scene and more established companies restructuring their strategies.
Companies that had a good week:
- SwitchPoint Ventures partnered with Nashville, Tenn.-based Ardent Health Services to launch an innovation studio.
- Censinet, a digital risk management company, received $9 million in a financing round that saw investment backing from several health systems.
- Data analytics company Holmusk secured $45 million in a series B financing round.
Companies that had a bad week:
- Cue Health, an at-home diagnostics company, laid off 388 employees.
- Verily, the healthcare unit of parent company Alphabet, laid off 15 percent of its staff.
- Software giant Salesforce saw Taher Elgamal, chief technology officer of security, leave the company.