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.

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.