Primary care disruptor Forward has announced an abrupt shutdown, closing its locations, canceling scheduled visits, and disabling its mobile app. Founded in 2016 as a direct primary care provider that operated on a cash-pay model, Forward reached a $1 billion valuation and raised over $657 million in funding. The company previously expanded into AI-driven CarePods, self-serve kiosks aimed at automating medical check-ups, but now its nearly 200 employees will lose their jobs. Forward promises to guide patients in accessing their medical records and transitioning care as operations cease.
Primary care player Forward shutters after raising $400M, rolling out CarePods (Fierce Healthcare)
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