Morning Headlines 6/10/25

Virginia Mason Franciscan Health to lay off more than 100 employees

Virginia Mason Franciscan Health (WA) will lay off 116 employees within its Virtual Health Services division and outsource those jobs to a different region.

Kettering Health’s online patient portal, MyChart, back up

In Ohio, Kettering Health restores its patient portal, and most of its phone and laboratory systems and imaging equipment after a ransomware attack three weeks ago.

Salvo Health Reaches 700 GI Physician Partners Signed, 14% of all GI Independent GI Providers in the US, and Adds $4M in Investment to Scale Deployments of its Hybrid GI Care Platform Across the US

Salvo Health, which offers a digital digestive and metabolic care platform, announces $4 million in funding.

Morning Headlines 6/9/25

Omada Health IPO signals healthier market, avoids ‘down-round’ trend

Omada Health’s stock market debut earns it a valuation of $1 billion, a figure unchanged since its last funding round in 2022.

NJ company is laying off 142 workers this month due to large hospital closing in PA

RCM business Med-Metrix lays off 142 staff working at The Crozer Chester Medical Center (PA), which has had to close due to the bankruptcy of parent company Prospect Medical Holdings.

NextGen Healthcare Welcomes Madison Dearborn Partners as New Investment Partner and Announces Planned Leadership Succession

Private equity firm Madison Dearborn Partners acquires an unstated significant ownership position in NextGen Healthcare, which was taken private in 2023 by PE firm Thoma Bravo.

Software company XiFin lays off 87 employees in Austin

San Diego-based RCM and workflow automation vendor XiFin lays off 87 employees at its office in Austin, TX,

Morning Headlines 6/6/25

OhioHealth Southeastern Medical Center Launches eICU Program

OhioHealth Southeastern Medical Center launches an electronic ICU program that enables OhioHealth staff at the health system’s central monitoring center to remotely monitor patients and communicate with bedside staff.

Clinicians can ‘chat’ with medical records through new AI software, ChatEHR

Stanford Health Care (CA) pilots an internally developed AI tool dubbed ChatEHR that enables clinicians to interact with patient medical records, primarily in the form of information-gathering.

Prompt EMR Rebrands as Prompt Health to Reflect Expanded Vision and Platform

Rehab therapy software vendor Prompt EMR rebrands to Prompt Health.

Omada Health Announces Pricing of Initial Public Offering

Virtual chronic care management company Omada Health adjust its IPO pricing to $19 a share in hopes of raising $150 million during its stock market debut June 6.

Morning Headlines 6/5/25

Ransomware gang claims responsibility for Kettering Health hack

The Interlock ransomware group claims to have stolen data from Kettering Health (OH), which has been working to recover from the ransomware attack for over two weeks.

Epic Systems Nets $6 Million in Interest-Accrual Court Victory

A circuit judge rules that Epic is entitled to $6 million in interest on punitive damages awarded to it after winning a 2014 trade secrets case involving Tata Consultancy Services.

Hims & Hers to acquire European telehealth platform in global expansion

Days after confirming a headcount reduction, Hims & Hers Health announces it will acquire European telehealth provider Zava.

Morning Headlines 6/4/25

Net Health Acquires Limber Health

Net Health, which specializes in health IT for wound care and rehab therapy, acquires digital and in-clinic musculoskeletal care company Limber Health.

CMS Building Foundational Infrastructure for Digital Healthcare Ecosystem

CMS announces several digital health initiatives, including the development of an interoperable national provider directory, expanded availability of its Blue Button 2.0 API, and enhanced data exchange participation.

AirStrip Acquires Fifth Eye to Advance Predictive Clinical Surveillance

Clinical surveillance and decision support company AirStrip acquires clinical analytics vendor Fifth Eye.

HHS names new technology policy, health IT leader

HHS names radiologist and former ONC senior advisor Thomas Keane, MD, MBA assistant secretary for technology policy and national coordinator for health IT.

Morning Headlines 6/3/25

Over 1,000 Hospitals Connect to TEFCA with Epic Nexus

Epic announces that 1,000 hospitals and 22,000 clinics are now leveraging TEFCA data-exchange capabilities through the company’s Nexus QHIN.

Hims to cut 4% of workforce amid ban on weight-loss drug copies

Online health and wellness prescription delivery company Hims & Hers Health lays off 68 employees as it adjusts to changing market demand for popular weight-loss drugs.

FDA Launches Agency-Wide AI Tool to Optimize Performance for the American People

The FDA launches Elsa, a generative AI tool that employees will use to automate processes associated with scientific reviews and clinical protocol evaluations, among other tasks.

Morning Headlines 6/2/25

New Details: Kettering Health working on restoring phones, access to health records software

Kettering Health (OH) continues to bring systems back online and expand clinical capabilities as it recovers from last week’s cyberattack.

Wolters Kluwer acquires online healthcare courseware provider IntelliLearn

Wolters Kluwer Health acquires IntelliLearn, which offers online courseware for nursing students in the US, Canada, Australia, and New Zealand.

‘Cyber incident’ disrupts Maine Covenant Health locations

Covenant Health facilities in multiple states deal with connectivity issues resulting from a cyberattack that occurred last week.

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.