Trending News
Infinx Acquires i3 Verticals’ Healthcare Revenue Cycle Management Business
Infinx Healthcare, a provider of AI-powered solutions for patient access and revenue cycle management (RCM), announced it has acquired the Healthcare Revenue Cycle Management Business of i3 Verticals, Inc.
Madison Dearborn Partners to Acquire Significant Ownership Position in NextGen Healthcare
Madison Dearborn Partners, a private equity investment firm based in Chicago, announced that it has signed an agreement with Thoma Bravo, a software investment firm, to acquire a significant ownership position in NextGen Healthcare, Inc., a provider of innovative healthcare technology and data solutions. Thoma Bravo will retain a significant ownership position in NextGen Healthcare. MDP will partner with Thoma Bravo and NextGen Healthcare’s management team to support NextGen Healthcare’s growth.
Mergers and Acquisitions
Centauri Health Solutions Acquires MedAllies, Broadens Health Data Network to Support Mission Critical Use Cases
Centauri Health Solutions, a Phoenix, Arizona-based health information technology company announced its acquisition of MedAllies, a New York-based Health Information Service Provider (HISP) and Qualified Health Information Network® (QHIN™) focused on health data connectivity and clinical data exchange.
Teladoc Health Acquires UpLift, Expanding Consumer Access to Mental Health Care Services Through Covered Benefits
Teladoc Health, the global leader in virtual care, announced it has acquired UpLift, an innovative and tech-enabled provider of virtual mental health therapy, psychiatry and medication management services.
GI Alliance Announces Acquisitions of Urology America and Potomac Urology
GI Alliance (GIA), a Cardinal Health company and the nation’s leading physician-led multispecialty management services organization (MSO), has expanded its specialty care footprint into urology with the acquisitions of Urology America and Potomac Urology, marking a significant step in its evolution toward a multispecialty platform delivering coordinated, patient-centered care.
Lyric Acquires ClaimShark to Expand Platform Value and Power Next-Gen AI Applications
Lyric, a provider of healthcare payment accuracy and integrity solutions, announced its acquisition of ClaimShark, an innovative payment integrity technology platform focused on enhancing integration, transparency, and precision for health plans. ClaimShark’s solutions will be integrated into the Lyric 42 Platform, Lyric’s AI-driven offering that provides health plans with comprehensive payment accuracy solutions. The acquisition marks significant progress towards Lyric’s mission to simplify the business of care – delivering smarter, faster, and more accurate transactions across the healthcare ecosystem.
Ascend Learning Acquires myTIPreport to Enhance MedHub Offering
Ascend Learning, a healthcare and learning software company, has acquired myTIPreport, a platform that modernizes medical education feedback and competency tracking. myTIPreport will be integrated into Ascend’s MedHub brand, enabling medical education institutions to more efficiently and conveniently track the performance of both medical trainees and programs. With this enhanced offering, medical training institutions and programs can ensure the next generation of clinicians have the training and clinical competencies needed to deliver best-in-class care for the growing patient population.
Supreme Group Acquires Nimble Works
Supreme Group, a next-generation platform driving innovation in healthcare and life sciences marketing and communications, announced the acquisition of Nimble Works and its sister agency Vital Works, agencies known for helping health tech and biopharma brands simplify complexity and move with speed. This achievement marks Supreme Group’s eighth acquisition and deepens its ability to pair insight-driven strategy with bold, effective creative and digital execution.
PhaseV Lands $50M Series A to Supercharge AI for Clinical Development, Backed by Top VCs and Trusted by Leading Pharma Clients
PhaseV, a leader in AI/ML-driven clinical development, announced the completion of a $50 million Series A funding round. Co-led by Accel and Insight Partners and with participation of existing investors Viola Ventures, EXOR and LionBird, the round brings the company’s total funding to date to $65 million.
Contract Announcements
InteliChart Expands Patient Engagement Workflows for Office Practicum Providers with Access to Its Award-Winning Patient Intake
InteliChart, an award-winning provider of patient engagement technologies, announced the availability of its Patient Intake solution for Office Practicum (OP) customers, helping to close a key gap in pre-visit workflows.
Ambience Healthcare Collaborates with Houston Methodist to Revolutionize Emergency and Inpatient Care
Ambience Healthcare, a provider of ambient AI technology, announced that it is expanding its testing of ambient AI in two high-acuity care settings: emergency (ED) and inpatient care. This new engagement marks the release of Ambience’s new care setting solutions to support ED and inpatient clinicians, building upon Ambience’s 100+ specialty-tuned offerings.
Genesys Cloud Drives Service Improvements for Modivcare
Modivcare, a provider of non-emergency medical transportation, remote monitoring, chronic care delivery, meal delivery, and personal in-home care, is transforming support for its 34 million members with Genesys Cloud. The contact center platform supports the Atlanta-based company’s 2,600 contact center advisers, who manage 2.2 million monthly calls and email and messaging conversations through a single unified desktop.
GI Alliance Partners With IKS Health to Fuel Strategic Growth
IKS Health, a global leader in care enablement solutions supporting clinicians, staff, and patients at every step of the care journey, is proud to announce a key partnership with GI Alliance, the nation’s largest independent gastroenterology (GI) services organization. Working together and leveraging the IKS Health platform, the partnership will deploy advanced AI-enabled technology and human intelligence to build an unrivaled revenue cycle management (RCM) process focused on GI and GI-allied specialties.
The Clinic by Cleveland Clinic Extends Baton Health Collaboration to Supercharge Physician Licensing for Virtual Specialty Care
The Clinic by Cleveland Clinic, a provider of virtual second opinions (VSOs), has renewed its relationship with Baton Health to expand licensed clinical expertise to patients around the country by streamlining and scaling physician credentialing. As more regulatory scrutiny is placed on virtual care providers, The Clinic chose to work with Baton Health—a modern platform for real-time primary source verification.
Venture Capitol and Funding
Clearlake Capital Completes Majority Investment in ModMed to Fund Growth
ModMed®, a provider of specialty-specific healthcare SaaS technology, announced that Clearlake Capital Group, L.P. has completed its investment in the Company. Financial terms of the transaction were not disclosed.
Acentra Health Awarded $27.5 Million Contract from California Medicaid to Continue Providing Preadmission Screening and Resident Review (PASRR) Services
Acentra Health, a technology and health solutions and services company dedicated to accelerating better outcomes for its government and commercial healthcare clients and the populations they serve, announced it has been awarded a two-year $27.5 million contract, with one option year, from the California Department of Health Care Services (DHCS) to continue delivering Level I initial screenings and Level II evaluations for serious mental illness as part of the state’s Preadmission Screening and Resident Review (PASRR) program for long-term care.
Carta Healthcare Secures $18.25 Million in Series B1 Funding to Accelerate AI-Powered Clinical Data Abstraction and Analytics
Carta Healthcare, a provider of AI-powered clinical data abstraction, announced it has secured $18.25 million in Series B1 financing. This investment will accelerate the company’s growth as demand surges among health systems and life sciences organizations for AI-driven innovation that transforms clinical data into valuable insights.
Making the Cut, Milestones, Accolades, Awards and More
CereCore Recognized as One of the Best Places to Work in Healthcare in 2025
For the sixth consecutive year, Modern Healthcare has recognized CereCore® as one of the 2025 Best Places to Work in Healthcare.
Yosi Health Wins 2025 MedTech Breakthrough Award for Its Digital Front Door Automation Solutions
Yosi Health, a provider of digital front door automation solutions, announced that it has been named the winner of the “Best Practice Management Solution Provider” award in the 2025 MedTech Breakthrough Awards program. The recognition highlights Yosi Health’s continued leadership in transforming the healthcare experience for patients and providers through intuitive, scalable, and highly efficient digital solutions.
FDB Recognized as Top Workplace in Two Major U.S. Metropolitan Regions for Multiple Consecutive Years
FDB (First Databank, Inc.), a provider of drug knowledge that helps healthcare professionals make precise decisions, announced it has been recognized as a Top Workplace for 2025 in two major metropolitan regions: Central Indiana and the San Francisco Bay Area.
symplr Earns U.S. Best Managed Company Designation for Second Consecutive Year
symplr®, a provider of enterprise healthcare operations software, announced it has been named a U.S. Best Managed Company for the second year in a row. Sponsored by Deloitte and The Wall Street Journal, the program recognizes outstanding U.S. private companies.
Fortified Health Security Names Modern Healthcare’s Best Places to Work for Fifth Consecutive Year
Fortified Health Security, a provider healthcare cybersecurity, has once again been named one of Modern Healthcare’s Best Places to Work in Healthcare, marking the fifth consecutive year the company has earned this prestigious honor.
After Strong Quarter, Radware Announces U.S. Expansion
Radware®, a provider of application security and delivery solutions for multi-cloud environments, is executing an aggressive strategy to expand its market presence and accelerate growth across its cloud services business in the U.S. The company is making strategic new hires, adding tech alliances, and reinforcing its commitment to AI innovation. The announcement follows Radware’s report on its strong first quarter financial results.