Business
The company reported $526.9 million in revenue last year compared with $271.9 million in 2021.
With focus on improving the output of care and quality, the nation steers toward value-based healthcare, says Dr. Ahmed Balkhair, advisor for digital transformation at the Saudi Ministry of Health.
Lucira's diagnostic is the first over-the-counter at-home combination test for COVID-19 and flu authorized by the FDA.
Dr. Sana Farid, a general surgeon and AI and extended reality strategist based in Bahrain, explains how employing immersive tech can further healthcare in the region and beyond.
Karley Yoder, general manager and chief digital officer for ultrasound at GE HealthCare, discusses the company's planned acquisition of Caption Health and why thoughtful integration is important for using AI in healthcare.
Also, medical device unicorn Molbio has taken a 70% stake in digital x-ray manufacturer Prognosys.
The latest funding builds off a Series B announced in April.
The loss included $13.4 billion in noncash goodwill impairment charges related to the virtual care company's Livongo acquisition.
The teletherapy company reported increased revenue in 2022 thanks to business-to-business growth, but it also posted an $80 million net loss.
Dr. Sunny Kumar, partner with GSR Ventures, a digital health investment company managing $3 billion in assets, surveys priorities, interest areas and the line between tech and tech-enabled services.