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It's the third nine-figure round the Boston-based startup has raised in as many years.
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Providence argues that costs have risen 19%, while Regence says it is going to bat to hold down costs for customers.
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Cone Health's minimum wage has been stagnant for three years at $15 an hour. Now, the Greensboro health system will raise its basic wage in January by 13.3%. Here's who will benefit and why this change matters now in a tight health care labor market
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Despite a tough year for financial markets, several life sciences companies in the Triangle were able to raise capital in 2023.
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The two have partnered on other projects in the past but are now working on a project with one of the largest medical providers in the Mid-South.
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The deal has to also clear regulatory approvals.
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The price of the drug will be based on the amount CVS paid for the drug, plus a set markup and a flat fee to account for the pharmacist's services.
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"Not all depression patients are equal," says the CEO, who wants to bring precision treatments to precise subsets of psychiatric patients.
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