Telehealth
A spokesperson said the company "adjusted staffing levels and other direct expenses caused by current challenges in the economy and market conditions."
Also, Royal Philips has expanded the roll-out of its AR surgical navigation solution to Japan.
The traditional healthcare industry could face pressure from changing trends, including the emergence of Amazon, Walmart, CVS and Walgreens as larger players.
A study published in JAMA Network Open found patients living in census blocks with inadequate broadband speed participated in fewer video visits after the onset of the COVID-19 pandemic.
Consumers can access HealthTap's virtual health services via a TV and a connected camera.
According to the report, higher family incomes, more education, race and Hispanic origin were factors related to increased telemedicine use.
The virtual care startup for LGBTQ+ patients will also use the investment to expand its recently launched enterprise offering.
The company announced a $10 million Series B raise last year.
The National Institute on Aging will utilize Ro's telehealth platform to screen and recruit patients at elevated risk for developing Alzheimer's disease or other related dementia.
A J.D. Power study indicates telehealth is the preferred method among consumers for receiving certain types of medical care.