Editor's note: This article has been updated with an announcement from Hims & Hers Health.
Digital mental health company Headspace announced the promotion of Nicolette Turner from senior vice president of finance to chief financial officer.
Turner played a vital role in negotiating the company's $3 billion merger with virtual mental healthcare company Ginger in 2021. Before working at...
Telehealth and medical transportation company DocGo reported its second-quarter financial results, showing total revenue of $125.5 million, up from $109.5 million in the same period last year.
Revenue from the company's mobile health services was $80.1 million in Q2 2023 compared to $87.3 million in Q2 2022, and it reported $45.4 million in revenue for its transportation services compared to $22...
Hims & Hers Health's stock price is up Tuesday after the direct-to-consumer virtual care company reported nearly doubling its revenue in 2022.
The company posted revenue of $526.9 million for the year compared with $271.9 million in 2021. Hims & Hers still posted a net loss of $65.7 million, but it narrowed from a loss of $107.7 million in the prior year.
In the fourth quarter, Hims...
Aledade, which works with primary care providers to build tech-enabled accountable care organizations, hired Ananya Banerjee as chief commercial officer.
Sean Cavanaugh, who had previously managed the role, will remain at Aledade as chief policy officer.
Before joining Aledade, Banerjee served as chief of strategic payer partnerships at ChenMed, a primary care company geared toward seniors....
Butterfly Network, maker of a handheld, smartphone-connected ultrasound system, announced that president and CEO Dr. Todd Fruchterman is stepping down. He also will leave his position on the board of directors.
Jonathan Rothberg, founder and chairman of the board, will step in as interim CEO, and Fruchterman will assist Butterfly's leadership with the transition until the end of the year.
"On...
Direct-to-consumer virtual care company Hims & Hers announced a partnership with Delaware-based health system ChristianaCare.
San Francisco-based Hims & Hers offers treatment for hair loss, mental health, sexual health, dermatology and primary care. As part of the deal, Hims & Hers medical providers will be able to connect patients with ChristianaCare's Center for Virtual Health and...
Talkspace reported a growing net loss in the third quarter as the teletherapy company continues to shift to a business-to-business model from a consumer-facing product.
It reported an $18 million net loss compared with $2 million loss in the prior-year period, which it attributes to a lower marketing spend. Talkspace posted revenue of $29 million, an 11% increase from 2021. The company also noted...
Digital chronic condition management company DarioHealth posted a net loss of $15.9 million in the first quarter, slightly higher than the $15 million net loss from Q1 last year. But the company beat its revenue expectations with $8.06 million, a 124% increase from last year.
Total operating expenses were $19.9 million, compared with $15.4 million in Q1 2021 and $22.2 million during the fourth...
Direct-to-consumer virtual health company Hims & Hers inked a deal with hybrid care provider Carbon Health in an effort to provide its clients in California with a brick-and-mortar care option.
As part of the deal, Hims & Hers clinicians will be able to connect patients in California requiring additional primary care services – because of complex medical histories or certain risk factors...
Once a much more niche method of delivering healthcare, telehealth and virtual care use grew during the COVID-19 pandemic as patients and providers tried to distance themselves when possible. But as the pandemic changes shape, more hybrid care options are joining the mix, with its proponents arguing they can improve quality and access to care by connecting with patients both in-person and...
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