Employees have been in limbo ever since receiving an email from leadership earlier this week warning of impending layoffs for corporate headquarters staff by July 1. “The company is in good shape,” Mou, who served as chief medical officer before taking over as CEO last month, told employees on Friday. Cerebral has said the company will “vigorously defend ourselves against these false and unfounded allegations." Prior to the pandemic, a federal law known as the Ryan-Haight Act required at least one in-person visit for the prescribing of controlled substances, with a few limited exceptions. This requirement was suspended during the federally declared Covid-19 public health emergency, meaning Cerebral could prescribe these medications to new patients through virtual-only visits.

Source: Forbes June 04, 2022 00:22 UTC