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Pediatric digital behavioral well being firm Brightline introduced a second spherical of layoffs in lower than a 12 months, once more affecting 20% of its workforce.
The California-based firm let go of 20% of its workforce in November, months after asserting an extra $10 million raise, bringing its whole Collection C funding to $115 million.
“As we proceed to broaden our staff of therapists, psychiatry suppliers, coaches and member assist brokers, together with the hiring of a brand new chief medical officer, Dr. Myra Altman, to permit us to satisfy the rising demand throughout the nation for our providers, we’ve additionally made the choice to scale back our company non-member dealing with staff. This resolution was not taken evenly, and though extremely troublesome, it can in the end permit us to raised serve our purchasers and supply much more households with the psychological healthcare assist they deserve,” a spokesperson from Brightline instructed MobiHealthNews in an e-mail.
THE LARGER TREND
Final month, Brightline announced it was affected by the data breach of its third-party vendor Fortra on its file switch providers. The digital care supplier filed nine notices in April with the Division of Well being and Human Providers’ Workplace for Civil Rights, which revealed a minimum of 964,300 people have been affected up to now.
Probably compromised info contains names, member identification, addresses, date of well being plan protection, birthdates and employer names.
Along with its $10 million Collection C elevate in 2022, Brightline obtained a whopping $105 million in funding. It additionally launched a virtual coaching program for fogeys and caregivers with youngsters in danger for or identified with autism spectrum dysfunction (ASD).
That elevate got here lower than a 12 months after Brightline introduced it introduced in $72 million in Series B funding.
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