The insurtech’s net loss quadrupled to $251 million during the second quarter and the company needs capital to to get to break even, CEO Mike Mikan told investors.
A ransomware attack at a vendor exposed data on almost 2 million patients, according to a report submitted to the Health and Human Service's breach portal.
The not-for-profit health system, which operates six day care centers, told employees in July it would end the program later this year, citing financial pressures and staffing issues.