Finance
Maven said the acquisition of Naytal will accelerate its growth in the U.K. and Europe.
Without a transaction, the prescription digital therapeutics company said it may need to reorganize or liquidate.
The company also announced a new payer network and revenue cycle management service.
CEO Kurt Workman said the company recently made two FDA submissions for baby health monitoring products.
The acquisition expands the senior-focused company's offerings to include a workflow management program and value-based care reimbursement assistance.
WeightWatchers signed an agreement to acquire telehealth platform Weekend Health, also known as Sequence, for $106 million.
Earlier this year, the prescription digital therapeutics company said it would put programs related to cognitive health outside of ADHD on hold.
According to a filing with the Securities and Exchange Commission, the company still plans to hire "to support its service capacity needs and growth expectations."
Transcarent will purchase 98point6's virtual care platform and care business. After the deal, 98point6 will focus on licensing its software to third-party providers.
In a post on LinkedIn, Color CEO Othman Laraki said the company would focus on its core lines of business, including testing and telehealth infrastructure for government programs, and its prevention tools for employers and healthcare purchasers.