The healthcare startup Forward, known for its futuristic ‘CarePod’ clinics, has announced that it will be shutting down its physical locations and laying off staff as it pivots to focus on software. The company, founded in 2016, aimed to reinvent the primary care experience with its high-tech clinics featuring body scanners and AI-powered diagnostics. However, the COVID-19 pandemic and rising costs have forced Forward to reevaluate its business model. The company plans to transition to a software-only model, offering its technology platform to other healthcare providers. This strategic shift will result in the closure of Forward’s physical clinics and the layoff of an undisclosed number of employees. While the decision is a setback for the company’s ambitious vision, Forward believes that its software platform has the potential to drive innovation and improve healthcare delivery on a larger scale.
Source: https://www.businessinsider.com/healthcare-startup-forward-shutdown-carepod-adrian-aoun-2024-11