Trending News
Heidi Secures $340M to Scale Agents Across Health Systems Globally
Heidi announced it raised $340 million in Series C to fuel its push beyond clinical documentation into AI-powered workflow automation and agentic capabilities for clinicians. The round values Heidi at US$900 million, which now supports around 2.8 million patient interactions each week in 110 languages from 190 countries.
Forge to Acquire Becker’s Healthcare
Forge, the B2B events and media company, announced it entered into a definitive agreement to acquire Becker’s Healthcare from Pamlico Capital. The acquisition will include all of Becker’s media and events assets, including its 16 annual conferences, more than a dozen digital publications, and its portfolio of newsletters, podcasts and executive communities. The acquisition expands Forge’s presence in healthcare and life sciences by combining Becker’s with its existing healthcare portfolio, that includes Fierce Healthcare and Life Sciences.
Oura Postpones IPO
Oura, the health intelligence platform and maker of the Oura smart ring, announced that it is postponing its previously announced initial public offering on Nasdaq, despite strong demand, due to uncertainty in the IPO market.
Mergers and Acquisitions
DexCare Acquires Mila Health, Extending AI Agents From Scheduling to Care Coordination
DexCare, Inc. announced the acquisition of Mila Health, an AI care coordination company whose agents call, text and chat with patients to get them scheduled, prepared and seen. Mila runs on DexCare’s access data model which standardizes scheduling data and institutional know-how into one rulebook for any service line, under the health system’s control.
Ascend Learning Acquires M7 Health
Ascend announced the acquisition of M7, a dynamic staff scheduling and workforce management platform, that will allow Ascend to continue creating a complete, connected workforce solution for health systems.
Contract Announcements
Abridge Selected to Bring Ambient AI to VA
Abridge announced it has been selected by the U.S. Department of Veterans Affairs (VA) to provide nationwide ambient AI and clinical documentation support under a 5-year enterprise contract. The contract allows VA medical centers and regions across the country to bring Abridge to their clinicians as the agency modernizes how care is documented for Veterans. The multiple-award contract carries a total ceiling of $775.72 million over five years across all vendors who are eligible to compete for task orders.
Omega Healthcare Selected as Strategic Partner by UnityPoint Health
Omega Healthcare, a healthcare solutions company, announced that it has been selected by UnityPoint Health (UPH), an integrated non-profit health system that provides the full continuum of care throughout the Midwest, as a strategic partner to strengthen long-term financial sustainability while preserving access to high-quality patient care.
Medtronic Puts $700M Into Surgical Robotics with New Partnership
Medtronic announced a strategic partnership with Cornerstone Robotics, a surgical robotics company committed to advancing minimally invasive surgery and improving access to the latest surgical care worldwide. The $700 million investment includes rights to distribute Cornerstone Robotics’ Sentire™ surgical system in select markets outside the U.S. where the system is market approved.
Qualderm and Parakeet Health Partner
Parakeet Health, a healthcare AI company that is transforming patient engagement at enterprise scale, and Qualderm, a management services organization for a national physician-led skin care network, announced a collaboration to expand patient access, strengthen care continuity and reconnect patients following cancellations, missed visits, and overdue follow-ups.
Venture Capitol and Funding
EZ Health Raises $26M to Navigate Healthcare for Seniors
EZ Health, a senior-care startup, announced it emerged from stealth with $26 million in funding to bolster senior-care navigation.
Tiny Health Raises $33M Series B
Tiny Health, the microbiome intelligence platform, announced a $33 million oversubscribed Series B round led by B Capital, bringing the company’s total funding to $46 million.
Basalt Health Raises $20M to Speed Post-Acute Admissions
Basalt Health, the AI platform that helps patients transition to post-acute care faster, announced a $20 million Series A financing led by return investor NEA, with participation from existing investors Frist Cressey Ventures and 25m Health. The round brings the company’s total capital raised to approximately $24.5 million.
Ayble Health Raises $16M Series A to Expand Virtual Digestive Health Clinic
Ayble Health, the nation’s leading AI-enabled virtual multidisciplinary GI clinic, announced the close of a $16 million oversubscribed Series A round led by Neon. The round brings Ayble’s total capital raised to over $27 million.
Angle Health Raises $600M to Expand Affordable Healthcare for Small Businesses
Angle Health announced a $600 million equity financing at a $2.7 billion valuation, consisting of a $200 million Series C financing and a $400 million tender offer.
Making the Cut, Milestones, Accolades, Awards and More
Neko Health Opens NYC Center
Scandinavian health tech company, Neko Health, announced it opened its first U.S. clinic in SoHo, where breakthrough technology and prevention-focused clinicians give members the bigger picture of their health in a single hour. Their clinic at 300 Lafayette Street in SoHo – the first of many planned across NYC and across the country – brings Neko’s Scandinavian high-tech and high-touch experience to life.