Digital health startup Transcarent takes Accolade private in $621 million deal

Digital health startup Transcarent takes Accolade private in 1 million deal

Glen Tullman, chairman and chief executive officer at Livongo Health Inc., speaks during the 2015 Bloomberg Technology Conference in San Francisco, California, U.S., on Tuesday, June 16, 2015. David Paul Morris | Bloomberg | Getty Images Digital health startup Transcarent on Tuesday announced it completed its acquisition of Accolade in a deal valued at roughly $621 million.  Transcarent … Read more

Hims & Hers shares rise as company adds new weight-loss medications to platform

Hims & Hers shares rise as company adds new weight-loss medications to platform

The Hims app arranged on a smartphone in New York on Feb. 12, 2025. Gabby Jones | Bloomberg | Getty Images Hims & Hers Health shares rose more than 5% on Tuesday after the company announced patients can access Eli Lilly‘s weight loss medication Zepbound and diabetes drug Mounjaro, as well as the generic injection … Read more

Amazon Pharmacy medical chief Gupta is latest health exec to leave company

Amazon Pharmacy medical chief Gupta is latest health exec to leave company

Vin Gupta, then-chief medical officer at Amazon Pharmacy, speaks during Amazon’s “Delivering the Future” event at the company’s BFI1 Fulfillment Center, Robotics Research and Development Hub in Sumner, Washington, on Oct. 18, 2023. Jason Redmond | Afp | Getty Images Amazon has lost the chief medical officer of its pharmacy division after five years at … Read more

23andMe co-founder lashes out at CEO Wojcicki after bankruptcy filing, says board lacked oversight

23andMe co-founder lashes out at CEO Wojcicki after bankruptcy filing, says board lacked oversight

A view of 23andMe headquarters in Sunnyvale, California, United States on March 25, 2025.  Tayfun Coskun | Anadolu | Getty Images 23andMe co-founder Linda Avey took to social media on Wednesday to express frustration about the fate of the once-thriving genetics testing company that spiraled into Chapter 11 bankruptcy protection this week. Avey helped launch … Read more

With 23andMe entering bankruptcy, here’s how to delete your genetic data

With 23andMe entering bankruptcy, here’s how to delete your genetic data

Signage at 23andMe headquarters in Sunnyvale, California, U.S., on Wednesday, Jan. 27, 2021. David Paul Morris | Bloomberg | Getty Images 23andMe has officially filed for Chapter 11 bankruptcy protection, which means its assets — including its vast genetic database — will soon be up for sale. The company continues to sell its at-home DNA … Read more

23andMe files for bankruptcy, Anne Wojcicki steps down as CEO

23andMe files for bankruptcy, Anne Wojcicki steps down as CEO

Anne Wojcicki, co-founder and chief executive officer of 23andme Inc., during the South by Southwest (SXSW) festival in Austin, Texas, US, on Friday, March 10, 2023.  Jordan Vonderhaar | Bloomberg | Getty Images Embattled genetic testing company 23andMe, once valued at $6 billion, filed for Chapter 11 bankruptcy protection in Missouri federal court on Sunday … Read more

Digital physical therapy startup Hinge Health files for IPO

Digital physical therapy startup Hinge Health files for IPO

Hinge Health’s Enso product. Courtesy: Hinge Health Hinge Health, a provider of digital physical therapy services, filed to go public on Monday, the latest sign that the IPO market is starting to crack open. Hinge Health uses software to help patients treat musculoskeletal injuries, chronic pain and carry out post-surgery rehabilitation remotely. The company’s revenue last … Read more

Hinge Health to go public as soon as April, source says

Hinge Health to go public as soon as April, source says

Hinge Health’s TrueMotion feature. Courtesy: Hinge Health Digital physical therapy startup Hinge Health is gearing up to file for an initial public offering, potentially as soon as next week, CNBC has learned. Hinge Health helps patients with musculoskeletal injuries ranging from minor sprains to chronic pain recover from the comfort of their own homes. Its IPO … Read more

Oracle’s Federal Electronic Health Record suffered nation-wide outage

Oracle’s Federal Electronic Health Record suffered nation-wide outage

Jaque Silva | Nurphoto | Getty Images Oracle’s Federal Electronic Health Record experienced a nation-wide outage on Tuesday, the Department of Veterans Affairs confirmed to CNBC. The agency said “all users” of the company’s Federal EHR, including the VA, the Department of Defense, the U.S. Coast Guard and the National Oceanic and Atmospheric Administration, were … Read more

23andMe special committee rejects CEO Wojcicki second takeover offer

23andMe special committee rejects CEO Wojcicki second takeover offer

Anne Wojcicki, co-founder and chief executive officer of 23andme Inc., during the South by Southwest (SXSW) festival in Austin, Texas, US, on Friday, March 10, 2023.  Jordan Vonderhaar | Bloomberg | Getty Images 23andMe‘s special committee of independent directors on Monday rejected CEO Anne Wojcicki’s proposal to take the distressed genetic testing company private. Wojcicki … Read more