Leaders in the digital health space relayed to MobiHealthNews what stood out to them in 2023 as the year draws to an end.
Many noted the meteoric rise of genAI in 2023 and expectations of growing adoption of the technology in 2024, emphasizing the importance of treading carefully as the tech is further implemented. Other stakeholders pinpointed bankruptcies and mergers and acquisitions as being...
Direct-to-consumer virtual care company Hims & Hers Health announced last week the launch of a new AI-enabled offering, MedMatch, which provides healthcare providers with anonymized data points generated from the company's customer database, aimed at helping mental health professionals identify suitable treatments for patients.
Dr. Patrick Carroll, chief medical officer at Hims & Hers,...
Direct-to-consumer virtual care company Hims & Hers Health reported 57% year-over-year revenue in the third quarter of this year at $226.7 million, compared to $144.8 million in the same period last year.
Net loss was $7.6 million in Q3 this year, down from $18.8 million in Q3 last year, and adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) was $12.3 million,...
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...
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