Calif.-based startup Curative offers COVID-19 testing and vaccination services throughout the U.S., but as testing needs have lessened, the company is shifting its focus to launching a new health plan.
Due to the course change, the company is laying off 109 employees in early November.
The company filed a Worker Adjustment and Retraining Notification Act notice with the state of California. WARN...
Cedar laid off 24% of its workforce this week, making the billing and payment startup the latest digital health company to make cuts, according to reporting by Insider.
In a post on LinkedIn, CEO and cofounder Florian Otto said affected workers were notified Wednesday, and the layoffs would help the startup "forge ahead sustainably on our mission."
"We made the difficult decision to reduce our...
Edward Liu, a former head at Morgan Stanley, has joined medical-booking platform Zocdoc as its new chief financial officer.
Most recently, Liu served as Head of Americas Banking Technology at Morgan Stanley, where he advised CEOs, CFOs and boards on their strategic and financing decisions. He also previously spent time at McKinsey & Company and at Patricof & Co. Ventures.
In his new role...
Patient financial engagement company Cedar is beefing up its platform by purchasing OODA Health, a healthcare administrative platform for payers and providers, for $425 million.
The combined company will bring together Cedar’s patient-facing platform that creates a personalized billing experience for each user with OODA’s platform that seeks to cut back on administrative waste by enabling back-...
Cedar, the maker of an intelligent patient billing and engagement platform, announced today a $200 million Series D round of funding headed by Tiger Global Management, with participation from prior backers including Andreessen Horowitz (a16z), Thrive Capital and Concord Health Partners. This brings the company's total fundraising haul to $350 million, it said, and its valuation to $3.2 billion....
Yesterday morning Cedar, maker of an intelligent patient billing platform, announced a whopping $102 million Series C funding round led by Andreessen Horowitz.
The company has a record of major funding rounds – starting with a $13 million Series A round back in 2017, shortly followed by a Series B round worth $42 million in 2018.
WHAT THEY DO
The company focuses on helping to guide patients...
As consumers become more involved in their healthcare, payers and providers alike are being forced to think about the industry differently. But this could give new insurers the opportunity to start looking at the consumer space, Bob Sheehy, CEO of Bright Health, said at Digital Health Innovation Summit in Boston today.
“The thing about healthcare is often times we’ve forgotten about the consumer...
New York City-based Cedar, a startup offering patient-personalized medical billing, has raised $13 million in Series A funding. Participants in the round include Founders Fund, Thrive Captial, Martin Ventures and SV Angel.
Cedar promises a smart billing system that incorporates data points collected across the overall patient payment process. Its platform uses these to inform the method of...
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