Morning Headlines 5/9/25

Hinge Health says revenue increased 50% in first quarter — still no price range for IPO

Virtual physical therapy vendor Hinge Health updates its IPO prospectus with Q1 results, showing revenue up 50% to $124 million and a $17.1 million net profit.

Kouper Emerges from Stealth with $10M in Funding to Transform Transitions of Care

AI-powered care transition management startup Kouper launches with $10 million in funding.

Cedars-Sinai Launches Digital Innovation Hub to Advance Healthcare Solutions

Cedars-Sinai and Redesign Health launch an innovation center that pairs health system experts with startups to develop digital health solutions, with Cedars-Sinai serving as the first customer.

Israeli hospital to launch innovation hub in Mass.

Israel’s Sheba Medical Center will open a US office for its startup accelerator in Massachusetts, aiming for a Boston-area location.

Morning Headlines 5/8/25

Carta Healthcare Secures $18.25 Million in Series B1 Funding to Accelerate AI-Powered Clinical Data Abstraction and Analytics

AI-powered clinical abstraction technology vendor Carta Healthcare raises $18.25 million in a Series B1 funding round that was led by UPMC Enterprises.

NIH, CMS Partner to Advance Understanding of Autism Through Secure Access to Select Medicare and Medicaid Data

NIH researchers will look at the Medicare and Medicaid data of patients diagnosed with autism spectrum disorder to better understand its causes and impacts as part of a previously announced research program that will ultimately gather data on a variety of chronic conditions.

Tellihealth Introduces New Brand Identity to Lead the Future of Connected Care

Chronic care management and remote patient monitoring company Accuhealth rebrands to Tellihealth following last summer’s acquisition of competitor Signallamp Health.

WeightWatchers Takes Strategic Action to Eliminate $1.15 Billion of Debt, Strengthening Financial Position for Long-Term Growth and Profitability

WeightWatchers files for Chapter 11 bankruptcy protection in an effort to get rid of debt and ultimately expand its digital prescription weight-loss management and medication delivery business.

Morning Headlines 5/7/25

Infinx Acquires i3 Verticals’ Healthcare Revenue Cycle Management Business

Patient access and RCM company Infinx acquires the RCM business of i3 Verticals, its second acquisition in two months.

CareCloud Delivers Growth and Strong Cash Flow in Q1 2025, Advances AI and Acquisition Strategy

CareCloud shares jump on the company’s Q1 results: revenue up 6%, EPS –$0.04 versus – $0.10.

HealthStream Announces First Quarter 2025 Results

HealthStream reports Q1 results: revenue up 1%, EPS $0.14 versus $0.17, falling slightly short of expectations for both and sending shares down nearly 20% Tuesday.

VA must ‘put onus back on Oracle’ to right EHR deployment, secretary says

VA Secretary Doug Collins tells lawmakers that he is working to streamline communication between the department and Oracle Health, citing the decision to condense the number of decision-making committees from eight or nine down to just one that communicates directly with the vendor.

LifeMD Reports First Quarter 2025 Results and Raises Full-Year 2025 Guidance

LifeMD reports Q1 results: revenue up 49%, EPS $0.01 versus –$0.19, valuing the virtual primary care company at $342 million.

Morning Headlines 5/6/25

TeleMed2U Acquires Sigma Tactical Wellness, Expanding Virtual Specialty Care Access to Law Enforcement and First Responders

Specialty-focused virtual healthcare company TeleMed2U acquires Sigma Tactical Wellness, which specializes in cardiac risk detection for public safety personnel.

Weave Communications to Acquire TrueLark, Accelerating AI-Powered Front Office Automation

Patient engagement and payments vendor Weave will acquire virtual receptionist software company TrueLark for $35 million.

ENT Partners Acquires Currence Physician Solutions

Practice management company ENT Partners acquires medical billing and financial analytics company Currence Physician Solutions.

Morning Headlines 5/5/25

Trump budget offers big increase to VA’s EHR effort, cuts to agency IT systems

The White House’s budget proposal would increase funding for the VA’s Oracle Health EHR project by $2.17 billion and decrease the VA’s spending on specific IT items by $493 million.

Madison Dearborn Partners to Acquire Significant Ownership Position in NextGen Healthcare

Private equity firm Madison Dearborn Partners acquires an undisclosed stake in NextGen Healthcare from Thoma Bravo, which took the company private in 2023.

Waystar Reports First Quarter 2025 Results

RCM vendor Waystar reports Q1 results: revenue up 14%, EPS $0.17 versus –$0.13.

Morning Headlines 5/2/25

Trump transforms a small federal civil rights office

Politico reports that the White House has shifted HHS OCR’s focus from HIPAA, patient privacy, and cybersecurity to enforcing the federal bans on DEI programs and transgender care.

CVS Health Corporation Reports First Quarter 2025 Results and Updates Full-Year 2025 Guidance

CVS Health reports a 7% increase in quarterly revenue and announces that it will be the first retail pharmacy to fill Wegovy prescriptions from patients of Novo Nordisk’s new direct-to-consumer online pharmacy.

TidalHealth, Atlantic General Hospital sign definitive agreement to bring both systems together

In Maryland, TidalHealth will acquire Atlantic General Hospital and transition it from Allscripts Sunrise to Epic.

Morning Headlines 5/1/25

Plenful Raises $50M Series B to Expand AI-Powered Healthcare Automation Platform

Healthcare AI workflow automation platform vendor Plenful raises $50 million in a Series B funding round.

Teladoc Health Acquires UpLift, Expanding Consumer Access to Mental Health Care Services Through Covered Benefits

Teladoc Health will integrate virtual mental healthcare provider and medication management services company UpLift, which it has acquired for $30 million, with its BetterHelp virtual therapy business.

Epic Systems expands EHR market share lead over Oracle Health

A new report from KLAS Research finds that Epic saw its largest ever gain in hospital market share last year, while competitor Oracle Health lost a significant number of care sites and beds.

Morning Headlines 4/30/25

South Bend Medical Foundation expands with acquisition of medical records business

Blood bank and pathology services company South Bend Medical Foundation acquires release-of-information vendor ChartPro.

Netsmart Ranked #1 in Physical Therapy and Outpatient Rehabilitation EMR & Practice Management: Black Book Survey Highlights Critical Tech Trends in 2025

Black Book Research names Netsmart as the top-rated provider of EMR/PM solutions for physical therapy, outpatient rehabilitation, and speech therapy.

Interlock Ransomware Say It Stole 20TB of DaVita Healthcare Data

The Interlock ransomware group claims to have stolen data from outpatient dialysis company DaVita, which announced it was the victim of a ransomware attack several weeks ago.

Morning Headlines 4/29/25

Ascension reports patient data security incident affecting care sites in five states 

Ascension announces that patient data from care sites in five states was likely stolen in a December cybersecurity incident involving an unnamed business partner.

CareCloud Launches Healthcare AI Center Set to Become World’s Largest with 500 AI Professionals

Ambulatory health IT vendor CareCloud launches a domestic and off-shore AI Center of Excellence to further integrate AI across its technologies and processes.

Oracle engineers caused days-long software outage at US hospitals

Community Health Systems (TN) restores computer systems at a reported 45 hospitals after several days of downtime caused by an Oracle Health engineer who mistakenly deleted critical storage during routine maintenance.

LifeMD Acquires Women’s Health Provider Optimal Human Health MD to Accelerate Entry into the Women’s Health Market

Virtual primary care company LifeMD will use newly acquired assets from Optimal Human Health MD to launch women’s healthcare services this summer.

Morning Headlines 4/28/25

GTCR looks to exit health tech firm as bumper sales spree continues

Private equity firm GTCR is reportedly looking to sell value-based healthcare technology vendor Cedar Gate Technologies at a $1 billion valuation.

EyeMD EMR Healthcare Systems Inc., a Leading Healthcare Technology Provider for Ophthalmologists, Announces Significant Growth Investment from Performant Capital

Florida-based EyeMD EMR Healthcare Systems secures an undisclosed amount of funding from Performant Capital.

HHS Office for Civil Rights Settles HIPAA Ransomware Cybersecurity Investigation with Neurology Practice

Comprehensive Neurology (NY), which experienced a ransomware attack in 2020, will take corrective action and pay $25,000 to settle a potential HIPAA violation related to its failure to meet HIPAA’s Security Rule risk analysis requirement.

Morning Headlines 4/25/25

Centauri Health Solutions Acquires MedAllies, Broadens Health Data Network to Support Mission Critical Use Cases

Healthcare technology vendor Centauri Health Solutions acquires MedAllies, a New York-based Qualified Health Information Network and Health Information Service Provider.

No new autism registry, HHS says, walking back NIH director’s claim

An HHS official clarifies that NIH will not create an autism registry; instead, it will develop a real-world data platform as part of its $50 million autism research initiative.

Advancing Healthcare Information Sharing with Computable Consent

The Sequoia Project’s Interoperability Matters Privacy and Consent Workgroup publishes the final draft of its report on interoperable and standardized consent management and considers forming a coalition to further the workgroup’s findings.

VA watchdog found improper sharing of sensitive information on cloud apps

The VA Office of Inspector General determines that VA staff have been improperly sharing data on internal cloud-based apps, including the personally identifiable information of veterans scheduled for surgery.

Morning Headlines 4/24/25

HHS Office for Civil Rights Settles Phishing Attack Breach with Health Care Network for $600,000

PIH Health, a network of providers in California, will pay $600,000 to settle potential HIPAA violations related to a 2019 employee email phishing attack that wound up exposing the data of 190,000 patients.

Computer system goes out at Tennova hospital system after database deleted

Tennova Healthcare (TN) attributes the need to revert to downtime procedures to an Oracle Health engineer who mistakenly deleted storage connected to a key database, resulting in a systems outage.

Promptly Acquires the Software Solutions of MDprospects and Patient Spectrum, Significantly Expanding Its All-in-One Practice Management Platform and Revolutionizing Patient Experience

Patient experience software vendor Promptly acquires medical practice CRM software from MDprospects and Patient Spectrum.

Morning Headlines 4/23/25

RFK Jr.’s autism study to amass medical records of many Americans

NIH is aggregating data from insurance claims, the VA, Indian Health Service, pharmacy chains, and even wearables to support the HHS-mandated autism research initiative launched by HHS Secretary Robert F. Kennedy Jr.

Reveleer Acquires Novillus to Expand Its AI-Powered Clinical Intelligence and Quality Solutions

Value-based care workflow automation vendor Reveleer acquires Novillus, which offers provider engagement and care gap management software to payers.

Lena Health Closes Oversubscribed $2M Seed Round to Transform Healthcare Coordination with AI

Lena Health, an AI care coordination startup affiliated with Texas Medical Center, raises $2 million in seed funding.

Ascertain Raises $10 Million in Series A Funding to Scale Agentic AI Platform

Automated case management software startup Ascertain raises $10 million in Series A funding.

Morning Headlines 4/22/25

Brellium Raises $16.7 Million to Build Healthcare’s AI-Powered Clinical Compliance Platform

Brellium, which offers AI-powered clinical and payer compliance software, announces $16.7 million in Series A funding.

Veteran satisfaction and trust in VA telehealth continues to rise

The VA sees a 12% increase in veteran satisfaction with its virtual care services, particularly the VA Video Connect app.

South Australia Becomes the First Jurisdiction in the Nation to Activate Sunrise EMR Statewide Across All Public Hospitals and Health Services, Including in the Regions

SA Health implements Altera Digital Health’s Sunrise EHR and patient administration system across 100 public hospitals.

Morning Headlines 4/21/25

CISA Releases Guidance on Credential Risks Associated with Potential Legacy Oracle Cloud Compromise

A Cybersecurity & Infrastructure Security Agency advisory recommends that users of the legacy Oracle cloud environment take several precautionary actions following a recent breach that exposed user credentials.

Sky Lakes Medical Center to lay-off 70 employees in June; A.I. Partnership

Sky Lakes Medical Center (OR) will lay off 70 employees, most of them in patient financial services and coding, due to the implementation of IKS Health technology that includes ambient documentation.

Trellis Health Emerges From Stealth With $1.8M Pre-Seed Funding to Provide Women With Unrivaled Access to Health Data

Digital maternal healthcare startup Trellis Health launches with $1.8 million in pre-seed funding.

Leidos invests $10 million in AI disease detection with University of Pittsburgh

Leidos will invest $10 million over five years in a partnership with University of Pittsburgh to develop AI-powered digital pathology tools for early disease detection.

Morning Headlines 4/18/25

UnitedHealth Group Reports First Quarter 2025 Results and Revises Full Year Guidance

UnitedHealth Group reports Q1 results: revenue up 9.8%, EPS $6.85 versus $6.91, missing expectations for both and sending shares down more than 20% in the company’s first earnings miss since 2008.

Chairmen Guthrie, Bilirakis, and Palmer Launch Investigation into 23andMe and its Handling of Americans’ Sensitive Medical and Genetic Information

The House Oversight Committee asks 23andMe co-founder and former CEO Anne Wojcicki for details on the company’s bankruptcy and any plans to transfer personal and genetic data, warning that a sale to the highest bidder could be a “national security disaster.”

Risa Labs Raises $3.5M to Eliminate Treatment Delays with AI-Powered Workflow Automation in Oncology

Risa Labs, a healthcare AI startup focused on helping cancer care providers eliminate prior authorization delays, raises $3.5 million in seed funding.

Morning Headlines 4/17/25

Well Health Announces Results for Q4 and Full Year 2024 Reflecting Record Annual Revenue

Canadian provider and health IT company Well Health Technologies reports a 19% increase in annual revenue and that it will consider strategic alternatives for its California-based Circle Medical virtual primary care clinic.

Assort Health Secures $26 Million in Funding to Expand Specialty-Specific Generative AI Platform for Managing Patient Phone Calls

Assort Health, which offers specialty-specific AI voice agents for managing inbound patient phone calls, announces that it has raised a total of $26 million.

Youlify Raises $4.3M Seed Round to Fix Healthcare’s $262B Billing Bottleneck With Generative AI

AI RCM startup Youlify raises $4.3 million in seed funding.