Morning Headlines 10/10/23

Main Street Health Announces $315M Financing Round to Expand Into 26 States

Main Street Health, a practice management company focused on helping rural primary care providers transition to value-based care, announces $315 million in funding and expansion into eight additional states.

Venture capital firm General Catalyst wants to buy a health system

General Catalyst launches Health Assurance Transformation Corp. to acquire health systems that will serve as testing grounds for new care delivery and workflow optimization technologies.

UC Davis Health, NODE.health, and Leading Health Systems launch VALID AI

University of California health systems and partners including hospitals, payers, nonprofits, and vendors launch the VALID AI collaborative to promote best practices for generative AI in healthcare.