~ Posts Strong Year Over Year Revenue Growth in Telehealth and Behavioral Health Businesses, Gross Margin Expanded to 54% and $5.4 million in Adjusted.
~ Posts Strong Year Over Year Revenue Growth in Telehealth and Behavioral Health Businesses, Gross Margin Expanded to 54% and $5.4 million in Adjusted EBITDA ~ ~ Reviews in Detail the Voluntary.
By Josh Beckerman Digital health company UpHealth Inc. agreed to sell Cloudbreak Health to GTCR for $180 million in cash. In September, UpHealth Inc.'s unit.
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Startup Says Digital Health Co. Lied About Acquisition
Law360 (May 26, 2021, 6:39 PM EDT) A Silicon Valley-based medication management startup has launched Illinois state fraud claims against digital health company UpHealth Services Inc., claiming the company destroyed the startup by lying about its intention to acquire the business in a deal potentially worth $18 million.
PillDrill Inc. claimed Monday that UpHealth and chief executive Chirinjeev Kathuria fraudulently led the medical technology startup to believe for a year that it would be a uniquely significant part of a rollup transaction UpHealth anticipated completing in December by merging with a special purpose acquisition company to go public.