Business
The company's CEO said the layoffs will help Verily refine its strategy, prioritize its product portfolio and simplify its operating model.
The newly spun-off GE HealthCare entered into an agreement to acquire IMACTIS, developer of CT interventional guidance technology.
The U.K.-based company will form an advanced clinical trials division offering digital health solutions for each phase of the development process.
Veradigm is also keen on bringing its behavioural health data to Holmusk's rapidly growing database.
Food delivery company ModifyHealth scooped up $10 million, and Censinet, developer of healthcare cybersecurity software, raised $9 million.
The investment, a mix of equity and debt, will go toward company growth and product development.
The Series D funding round announcement follows CEO Eren Bali's Twitter post on Friday that reported a second round of layoffs affecting more than 200 people.
According to Rock Health's investment report, 2022 marks a significant decline from 2021 when digital health companies raised $29.3 billion.
The company eyes overseas expansion and wants to offer more telemental health services.
It plans to secure more regulatory approvals for its AI pathology platform.