Morning Headlines 2/5/25

Sword teases AI mental health expansion

Digital physical therapy company Sword Health will retool itself as an AI care company that will address all labor-intensive care delivery models.

Okta competitor SailPoint races toward $11.5B IPO

Thoma Bravo-owned identity security and access management company SailPoint hopes to raise $11.5 billion in its second IPO, which may take place as early as next week.

Senate confirms Doug Collins as VA secretary

The Senate confirms US Navy veteran, Air Force chaplain, and former Rep. Doug Collins (R-GA) as VA secretary.

Highmark Health cuts 208 jobs at EnGen subsidiary amid ongoing restructuring efforts

Highmark Health lays off 208 employees at its EnGen business, which offers healthcare technology and support to payers and providers.