Finance
Sidestep information silos by connecting the front and back ends, urges McKesson VP of revenue management Andy Moreno.
The newly public company, now trading on Nasdaq under the ticker symbol "AKLI," will use the proceeds from the transaction to launch EndeavorRx, its video game-like digital therapeutic for children with ADHD.
The layoffs represent 13% of the AI-backed genomic and clinical data company's workforce.
A memo sent to employees from CEO David Ko said the company is "not immune to the impacts of the current economic environment."
The multinational digital health company posted Q2 revenue of $265.4 million, compared with $57.5 million during the same period last year. It also reported a $157.1 million loss.
How will Amazon's planned $3.9 billion acquisition of One Medical change the healthcare industry? Trilliant Health's Sanjula Jain looks ahead.
Damo Consulting CEO Paddy Padmanabhan talks about what the big merger means for the companies, other healthcare providers, patients and AWS customers, and discusses privacy protections.