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STAT+: Oura to acquire Counsel Health for $625 million, placing a big bet on AI care

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STAT+: Oura to acquire Counsel Health for $625 million, placing a big bet on AI care

Oura, the smart ring maker that just over a month ago delayed plans to go public over market uncertainty, announced on Tuesday that it will spend $625 million to acquire Counsel Health, a clinical artificial intelligence startup.

Counsel Health is the maker of a chatbot that users can talk with about health concerns before being transferred to a clinician for treatment and diagnosis over telehealth. The company had previously disclosed $36 million in funding. 

The large transaction reflects a growing desire to connect consumer wearable devices to clinical care as well as the conviction that AI chatbots will be an important part of health care.



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