Rebecca Torrence
Business Insider
Washington, DC, United States
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Past articles by Rebecca:
Digital health's funding slump isn't a death sentence. Here's what startups are doing to stand out to investors.
Some digital health startups are still catching investor attention. VCs are betting these startups will last in a down market. → Read More
Once-hot pharmacy startup Medly is officially shutting down
Medly laid off its remaining staff, sold its pharmacy inventory to Walgreens, and is closing its stores after declaring bankruptcy. → Read More
Walgreens is buying Medly's patient data as the pharmacy startup winds down after declaring bankruptcy
The once-hot pharmacy startup Medly is selling its core pharmacy business to Walgreens for $19 million. The company declared bankruptcy in December. → Read More
Inside digital health's reckoning, where once-hot startups are suddenly scrambling for cash
Investors were racing each other to back digital health startups. Overnight, they've raised the bar for who gets funded. Many startups won't meet it. → Read More
A top healthcare banker predicts some digital-health startups will be able to go public in 2023
Some digital-health startups will IPO in 2023 while others will turn to debt or mergers to stay afloat, according to SVB Securities' Jon Swope. → Read More
Medly files for bankruptcy as the once-hot pharmacy startup crumbles under mounting losses
Medly filed for Chapter 11 bankruptcy protection on Friday evening. The startup had slashed its staff and closed stores as it burned through cash. → Read More
Investors are pushing healthcare startups to take on debt. It's a risky move that could lead to the startups' demise.
Many healthcare investors are pushing their portfolio companies to take on debt to weather the storm ahead. Others think it's too risky. → Read More
Major insurers are kicking Cerebral out of network as the mental-health company faces scrutiny
National insurers are booting Cerebral from their networks. The mental-health startup is being investigated by the DEA. → Read More
AppliedVR taps Komodo Health to prove out its VR therapeutic for chronic pain
As virtual reality solutions pick up speed in healthcare, VR therapeutics startup AppliedVR is teaming up with health data unicorn Komodo Health on clinical research to validate its flagship produc | AppliedVR is leveraging Komodo Health's AI-powered data platform to conduct research into its virtual reality therapeutic for chronic lower back pain. → Read More
Telehealth grad programs, fellowships train providers in virtual care delivery
Despite exploding in popularity during the pandemic, telehealth has been around in healthcare for years. | While telehealth visits may often seem just like normal visits over video, providers often have to use new strategies to assess their patients from a distance. Graduate programs, certificates, and more are emerging to teach those skills. → Read More
Telehealth grad programs, fellowships train providers in virtual care delivery
Despite exploding in popularity during the pandemic, telehealth has been around in healthcare for years. | While telehealth visits may often seem just like normal visits over video, providers often have to use new strategies to assess their patients from a distance. Graduate programs, certificates, and more are emerging to teach those skills. → Read More
Vivian Health snags $60M for healthcare job marketplace
With healthcare's staffing crisis expected to continue to worsen, startups like Vivian Health are stepping up to help healthcare organizations tackle staffing shortages. | Healthcare job marketplace platform Vivian Health raised $60 million led by private equity firm Thoma Bravo. → Read More
Northwell Health taps Teladoc to expand virtual care across health system
Northwell Health is set to deploy Teladoc Health’s virtual care platform across the health system to expand its telehealth offerings. | New York-based Northwell Health is partnering with Teladoc to deploy the telehealth unicorn's virtual care platform across 20 of its hospitals. → Read More
SAS Health partners with Microsoft for advanced health analytics with interoperable platform
Global analytics provider SAS Health is teaming up with Microsoft to make advanced health analytics more accessible with the tech giant’s new health data services platform. | Global analytics provider SAS Health is teaming up with Microsoft to use the tech giant's new health data services platform to increase the accessibility of advanced health analytics. → Read More
NexHealth hits unicorn status with $125M series C for patient experience platform
Patient experience platform NexHealth has banked $125 million in series C funding round, sending its valuation to $1 billion. | NexHealth has joined the ranks of health tech unicorns with its $125 million series C round, boosting its valuation to $1 billion to support the expansion of its patient experience platform. → Read More
Clinical AI platform Mendel nets $40M series B to power real-world data research
Artificial intelligence startup Mendel has landed $40 million in a series B funding round led by Oak HC/FT for its real-world data platform. | Clinical AI startup Mendel has raised $40 million in a series B round led by Oak HC/FT for its tools that scrape real-world data from patient health records and clinical literature to enable analytics for medical research. → Read More
Mount Sinai launches tech fund for women, BIPOC healthcare innovators
Mount Sinai has launched a tech fund to power women and BIPOC founders innovating in healthcare. | Mount Sinai's commercialization arm has launched a fund, called i3 Prism, for women and BIPOC innovators developing early-stage healthcare technologies. → Read More
Levels grabs $38M series A for metabolic health app with CGMs
A16z-backed startup Levels has landed $38 million in series A funding for its metabolic health software, the company announced Wednesday. | Levels raised $38 million in series A funding to scale its software, which links continuous glucose monitors to an app to generate insights about members' metabolic health. → Read More
Former CMS administrator resigns from Centene board after governance 'fell egregiously short'
A former Centers for Medicare & Medicaid Services administrator has resigned from the Centene board, citing her frustrations with its governance process. → Read More
Global digital health funding falls 36% with fewer megarounds, IPOs
After two years of record-breaking investment in digital health, capital flow into the sector took a dive in the first quarter of 2022. | Global digital health funding totaled $10.4 billion in the first quarter of 2022, a 36% decline from the previous quarter as external factors plagued the market. → Read More