Morning Headlines 5/30/25

Kaiser Permanente network interruptions resolved

Kaiser Permanente announces that all of its technology systems are back online after dealing with a network outage most of Wednesday.

Omada Health aims to go public with market cap of up to $1.1 billion

Virtual chronic care management company Omada Health will try to raise $158 million during its IPO next week.

MDaudit and Streamline Health Announce Definitive Merger Agreement

Medical billing and compliance company MDaudit will acquire RCM vendor Streamline Health for $37.4 million.

Morning Headlines 5/29/25

HHS Office for Civil Rights Settles HIPAA Security Rule Investigation with a Florida Health Care Provider

BayCare Health System will undertake corrective action and pay $800,000 to settle potential HIPAA violations related to a 2018 incident in which an unauthorized user accessed and took photographs of a patient’s medical records, and then videoed themselves scrolling through the records.

R1 Announces Investment from Khosla Ventures as it Accelerates AI-Driven Healthcare Transformation

RCM vendor R1 secures an undisclosed amount of funding from Khosla Ventures.

Get a Second Opinion Emerges from Stealth with AI-Powered Medication Analysis Platform

Get a Second Opinion launches to offer members access to AI-powered medication and medical condition analysis.

Minset Raises Funding to Scale AI Agent That Solves For Healthcare’s $400B Revenue Cycle Problem

AI-powered healthcare revenue cycle software vendor Minset raises seed funding in a round led by HealthX Ventures.

Morning Headlines 5/28/25

Healthcare Triangle Will launch QuantumNexis With Planned Strategic Acquisitions of Niyama and Ezovion to Lead the Future of Gen AI-Powered Healthcare SaaS

Digital healthcare software and services vendor Healthcare Triangle forms new subsidiary QuantumNexis through the acquisition of Niyama Healthcare, which specializes in AI-enabled digital mental healthcare, and Ezovion Solutions, which offers EHR and smart hospital management tech.

23andMe to delist from Nasdaq, deregister with SEC

23andMe will delist and deregister from the Nasdaq following the purchase of the majority of its assets by Regeneron Pharmaceuticals earlier this month.

An AI-Powered Startup Can Now Perform This Important Task Better Than Doctors

Ambience Healthcare develops an AI medical coding model using OpenAI technology.

Morning Headlines 5/27/25

Jane Software to be reportedly valued at $1.8 billion in upcoming secondary financing

Canadian practice management software vendor Jane Software is reportedly working to raise an additional $500 million from three US investors, bringing its valuation to $1.8 billion.

Kettering Health talks publicly about cyberattack and frustration of patients

Kettering Health (OH) acknowledges it was the victim of a ransomware attack last week, announces that it has restored clinical communications systems, and expects the rest of its network to be up and running within the next several days.

Hamilton and Burlington hospitals partner on integrated health information system

In Canada, Joseph Brant Hospital will adopt St. Joseph’s Healthcare Hamilton’s Epic system.

Morning Headlines 5/23/25

Hinge Health shares climb 17% in NYSE debut

Digital physical therapy company Hinge Health raises $273 million during its IPO, giving it a $2.6 billion valuation.

When 20,000 devices were paralyzed by a bad update, a Georgia health system turned to Apple

Emory Healthcare’s Hillandale Hospital (GA) replaces all of its legacy computing devices with Apple products following a successful pilot at another hospital.

WellTheory Raises $5M for Autoimmune Care

Virtual autoimmune care startup WellTheory announces $5 million in new funding and new AI scribe and care coordination tools for providers.

Morning Headlines 5/21/25

Blackstone emerges as lead contender for mega $1.1 bn-$1.3 bn buyout of EQT-promoted AGS Health

Sources say that private equity firm Blackstone is the frontrunner in acquisition offers for revenue cycle company AGS Health.

Cyberattack brings down Kettering Health phone lines, MyChart patient portal access

Kettering Health (OH) reverts to downtime operations, canceling all elective procedures and diverting ambulances in the wake of a ransomware attack discovered Tuesday morning.

Abridge in Talks to Raise at $5 Billion Valuation as AI Health Startups Draw Investors

AI-powered documentation company Abridge is reportedly looking to raise new funding that would put its valuation at $5 billion, double its value earlier this year when it announced $250 million in Series D funding.

Morning Headlines 5/20/25

New Mountain Capital Forms Smarter Technologies through Combination of SmarterDx, Thoughtful.ai, and Access Healthcare

New Mountain Capital combines portfolio companies SmarterDx, Thoughtful.ai, and Access Healthcare to create healthcare administrative and revenue management company Smarter Technologies.

Henry Schein Announces Completion of Strategic Investment by KKR and Appointment of Dan Daniel to Board of Directors

Medical and dental practice technology, services, and solutions company Henry Schein announces a $250 million strategic investment from KKR.

Regeneron Enters into Asset Purchase Agreement to Acquire 23andMe for $256 Million; Plans to Maintain Consumer Genetics Business and Advance Shared Goals of Improving Human Health and Wellness

Regeneron Pharmaceuticals will acquire 23andMe’s Personal Genome Service, Total Health and Research Services businesses, and Biobank and related assets for $256 million.

Morning Headlines 5/19/25

Private equity giant Bain mulls bid for London-listed software firm Craneware

Shares of Scotland-based Craneware jump on reports that Bain Capital is considering acquiring the company, which sells health system financial software.

Doximity Stock Drops 20% After Outlook Disappoints

Doximity shares drop 20% after the telehealth and medical networking company issues full-year guidance below analyst expectations.

Fresno hospital kickback scheme was fueled by wine, cigars and Vegas strip clubs

The Department of Justice settles a False Claims Act whistleblower lawsuit against Fresno, CA-based Community Regional Medical Center and its for-profit technology subsidiary Physician Network Advantage for $31.5 million.

Morning Headlines 5/16/25

Datavant to Acquire Aetion, Empowering Healthcare and Life Sciences Organizations to Generate High-Quality, Scalable Real-World Evidence from Connected, Privacy-Protected Data

Health data company Datavant acquires Aetion, which offers a real-world evidence platform for drug companies.

Akido Labs Raises $60 Million for AI Assistant for Doctors

Healthcare AI and medical network company Akido Labs announces a $60 million Series B funding round.

VA hopes to use next year’s EHR rollouts to gain momentum for faster deployments

VA Secretary Doug Colins expects momentum gained during planned roll outs at 13 facilities in 2026 will enable the department to implement new EHR software at 20 to 25 sites in 2027.

Sprinter Health Raises $55 Million To Expand Access To Preventive Care And Close Critical Care Gaps For People Nationwide

Sprinter Health, which offers virtual and in-home preventive care, raises a $55 million Series B round.

Morning Headlines 5/15/25

Complement 1 Secures $16M Seed Round to Scale Clinically Validated Cancer Lifestyle Modification Platform

Complement 1, which offers a digital lifestyle modification and personalized coaching app for cancer patients, launches with $16 million in seed funding.

Behavioral Health Software Provider Dazos Raises $25M Series A

Behavioral health CRM, billing, and business intelligence software company Dazos raises $25 million in Series A funding.

Cohere Health Secures $90M Series C to Expand AI-Powered Platform Transforming Health Plan Clinical Decision-Making

Prior authorization software vendor Cohere Health announces a $90 million Series C funding round, bringing its total raised to $200 million.

Morning Headlines 5/14/25

UnitedHealth Group CEO Andrew Witty steps down, company suspends annual forecast

UnitedHealth Group announces that CEO Andrew Witty has resigned, and that it will suspend its 2025 financial forecasts due to rising medical costs in its Medicare Advantage business.

Epic Systems sued by CureIS Healthcare for alleged ‘scheme to destroy’ its business

CureIS Healthcare, a managed care services company focused on government programs, files a civil suit against Epic for anticompetitive practices.

Introducing HealthBench

OpenAI launches HealthBench, a physician-developed benchmark that evaluates large language models on real-world medical decision-making.

Hinge Health targets $3 billion valuation as IPO markets signal comeback

Digital musculoskeletal care company Hinge Health hopes to raise $437 million in its upcoming IPO for a valuation of $3 billion.

$6 billion Commure was just ordered to stop selling a hot healthtech product in its latest legal challenge

A federal court orders Commure to stop marketing and selling its Strongline Pro wearable panic button for staff safety based on the allegations of Canopy Works, the original developer of the technology.

Morning Headlines 5/13/25

UPMC Enterprises and Redesign Health Launch Chronic Pain Management Company, Glimmer Health

Physician practice-focused chronic pain management startup Glimmer Health launches with support from UPMC Enterprises and Redesign Health.

Olio Raises $11M Series B Funding to Expand Product Innovation and Market Reach

Care coordination company Olio announces $11 million in Series B funding, bringing its total raised to $26.5 million.

Aranscia Acquires Spesana

Diagnostics holding company Aranscia acquires oncology-focused clinical workflow and precision medicine software vendor Spesana.

Morning Headlines 5/12/25

Virtual chronic care company Omada Health files for IPO

Virtual care provider Omada Health files for an IPO, reporting a $44 million loss on $170 million in 2024 revenue.

FDA Approves Teal Health’s Teal Wand –The First and Only At-Home Self-Collection Device for Cervical Cancer Screening, Introducing a Comfortable Alternative to In-Person Screening

The FDA approves the Teal Wand, a prescription device that lets average-risk women collect a cervical cancer screening sample at home, mail it in, and review results via telehealth.

CompuGroup Medical and CVC plan delisting – public delisting offer announced by CVC

Global health IT company CompuGroup Medical will move forward with delisting from the Frankfurt Stock Exchange as part of investor CVC Capital’s take-private acquisition deal first announced last December.

Navy’s Military Sealift Command Upgrades IT to Ensure Health Care Continuity

The US Navy’s Military Sealift Command is in the process of upgrading its IT infrastructure, including linking the US Naval Ship Mercy to the federal MHS Genesis EHR.

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.