What You Should Know:
– Innovaccer Inc., a healthcare AI company, has announced the acquisition of Story Health, a pioneering AI-powered, tech-enabled platform focused on transforming specialty care from episodic to continuous, digital models.
– This marks Innovaccer’s fourth acquisition in the past two years and expands its Healthcare Intelligence Cloud into agentic care augmentation.
Acquisition Impact
Story Health was founded in 2020 by Google veterans Tom Stanis, Nikhil Roy, and Dr. Ashul Govil. The company’s cardiovascular care platform combines AI-driven clinical pathways, advanced medication workflows, and human-led coaching to shift care from episodic visits to continuous digital management.
This strategic acquisition brings Story Health’s founder, Tom Stanis, into Innovaccer’s team and pioneers a new model of AI-augmented specialty care. The partnership pairs Innovaccer’s AI operating system and health system footprint with Story Health’s proven, tech-enabled specialty care model, which has demonstrated significant results:
- Reduced hospitalizations by 60%.
- Cut readmissions to less than half the national average, with a 6.9% 30-day HF all-cause readmission rate.
- Improved access and medication adherence at leading health systems.
Innovaccer’s CEO, Abhinav Shashank, sees this partnership as a major step from just providing “dashboards and insights” to enabling frontline clinical transformation. He believes this will make continuous, AI-assisted specialty care the “new normal”. Tom Stanis, co-founder and CEO of Story Health, added that joining forces will allow them to scale nationally and turn continuous, AI-assisted specialty care into the new normal.
Post-Acquisition Plans
The combined platform will support fully integrated clinical pathways across primary and specialty care, empowering health systems to operate with new levels of scale, speed, and clinical precision. Existing Story Health customers, which include ChristianaCare, Intermountain Health, and Saint Luke’s Health System, will continue to receive uninterrupted service with expanded access to Innovaccer’s broader AI-powered capabilities. Story Health will also continue its commitment to continuous care across other specialties and will be launching programs for diabetes and COPD. The company’s goal is to scale this model, empowering teams to provide continuous, personalized care without adding to the clinician burden.
