The New York City-based startup, which was founded in 2016 and recently announced a partnership with Cigna, will end operations and dissolve at the end of this month.
Having signed its first insurer as a customer, Annum is looking for employers interested in piloting its program in the fall as it gears up for a commercial launch in January 2018.
As technology advances, AI-powered tools will increasingly reduce the administrative burdens on healthcare providers.
Michael Laskoff's latest venture, Annum Health, uses telehealth as a discrete alternative to rehab and Alcoholics Anonymous for heavy drinkers.