Woebot Health, maker of an AI-powered mental health chatbot, sent an email to users announcing it is retiring its app as of June 30.
Woebot's nonprescription digital mental health tool includes content specific to teens, including media literacy, bullying in school settings, and body image and psychoeducation.
According to Behavioral Health Business, members can download their conversation...
Hippocratic AI, a generative AI company developing safety-focused large language models for healthcare, announced the appointment of seven new executives following the closing of its $141 million Series B round of funding in January.
Hippocratic AI's generative AI solution focuses on nondiagnostic healthcare tasks such as medication onboarding and monthly reconciliation, hospital and payor policy...
New York-based virtual care company Teladoc Health reported its 2024 full-year revenue and Q4 2024 financial results, noting a 1% decrease year-over-year in 2024 revenue at $2.569 billion, compared to $2.6 billion in 2023.
The company reported a 3% decrease in Q4 2024 revenue at $640 million from Q4 2023 revenue of $660.5 million.
Teladoc's net loss was $1 billion in 2024, compared to $220...
In November 2021, California-based virtual reality-therapeutic company AppliedVR became the first medical extended reality (XR) company to be granted FDA De Novo clearance for a virtual reality healthcare product.
AppliedVR's RelieVRx (formerly EaseVRx) is a fully immersive VR experience designed to help individuals manage chronic low back pain and provide a non-pharmacologic option for pain...
Julia Strandberg, executive vice president and chief business leader of connected care at Royal Philips, told MobiHealthNews that key healthcare trends in 2024 included advancements in home-based care and digital health reimbursement.
While these innovations aim to improve patient outcomes, she said, challenges remain in scaling care delivery and aligning incentives. However, progress in...
Executives highlighted AI's transformative potential in healthcare when asked by MobiHealthNews how they see AI's place in the sector changing in 2025.
Some expect multimodal AI and advanced diagnostic imaging to make significant strides next year, while others showcased AI's promise in improving diagnostics, addressing provider burnout, automating tasks, streamlining drug development and...
Executives across the digital health sector shared their insights with MobiHealthNews on whether mergers and acquisitions will continue to play a major role in the industry in 2025. Many pointed to factors such as shifts in the political climate, company valuations and large organizations seeking to expand their portfolios as potential drivers of increased M&A activity.
Sean Mehra, cofounder...
Pregnancy and postpartum care startup Ruth Health is closing its business after reflecting "on challenges ahead in a fragmented maternity care space where [it] failed to find scalable product market fit," the company's CEO said.
Ruth offered virtual pelvic floor physical therapy and lactation support, which could be accessed during pregnancy and after birth, as well as C-section recovery, which...
