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healthcare startup forward shuts down after costly experiment in accessibility
Forward, a healthcare startup that aimed to revolutionize basic medical care through high-tech kiosks called "Carepods," has abruptly shut down despite raising over $660 million. The company, which offered services like health screenings and virtual consultations for a monthly fee, struggled to attract customers and faced high operational costs. CEO Aoun envisioned a modern healthcare experience akin to building a Tesla or iPhone, but ultimately, the demand for such a model was lacking.
healthcare startup forward shuts down after ambitious ai initiative fails
The healthcare startup Forward, which aimed to transform the doctor's office with its AI-driven services, has shut down just a year after securing $100 million in funding. Despite ambitious plans, the company could not sustain its operations and has ceased all activities.
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