Carbon Health to cut more than 200 jobs, narrow focus
Co-founder and CEO Eren Bali tweeted about the changes Friday afternoon. Here's what's changing.
Carbon Health, a San Francisco-based chain of primary health care clinics that has raised more than a half-billion dollars since its founding more than seven years ago, is cutting more than 200 jobs and shedding major programs to focus on primary care and urgent care. "We're sad to see our colleagues go, but I couldn't be more proud of what we achieved together." It also offers virtual care services via smartphone, including mental health sessions. In 2021-22, it bought remote patient monitoring company Alertive Healthcare, virtual diabetes care clinic Steady Health and other clinics in New Jersey, Arizona and California, and last month it reportedly acquired Inofab Health, an Istanbul-based digital health platform for patients with asthma, chronic obstructive pulmonary disorder and cystic fibrosis. In all, the company has raised $522.5 million, according to Crunchbase. At the time, that equaled about 8% of its workforce.