What You Should Know:
- Abridge, a generative AI platform for clinical conversations secures $300M in Series E funding led by Andreessen Horowitz (a16z), with participation from Khosla Ventures.
- The new capital will accelerate the company's efforts to transform the way care is delivered, documented, and reimbursed, starting at the point of care.
Tackling Healthcare's Administrative Burden at its Source
Every year, the U.S. healthcare system spends nearly $1.5 trillion
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ForSight Robotics Raises $125M for Ophthalmic Robotic Surgery
What You Should Know:
- ForSight Robotics, the pioneer in ophthalmic robotic surgery secures $125M Series B round, led by Eclipse.
- The investment will accelerate the next growth phase for the ORYOM™ Platform, the world’s first robotic surgery platform for cataract and other eye diseases, as the company prepares to launch first-in-human clinical trials this year.
- The funding round, which brings ForSight Robotics’ total funding to $195M, also included significant
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Arine Raises $30M to Redefine Medication Management with AI
What You Should Know:
- Arine, the leader in AI-driven medication intelligence announced it has closed a $30M Series C funding round led by Town Hall Ventures, with participation from Kaiser Permanente Ventures and other existing investors. This brings Arine’s total funding to $66M.
- The new capital will empower the company to accelerate its mission of redefining medication management across the healthcare continuum, at a time when the industry faces unprecedented financial and
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SuperDial Raises $15M to Automate Healthcare’s Endless Admin Phone Calls with AI
What You Should Know:
- SuperDial, a voice AI company automating the phone calls that drain time and money from healthcare operations raiases $15M in new funding led by SignalFire, with participation from Slow Ventures, BoxGroup, and Scrub Capital.
- SuperDail plans to use the funding to scale its voice AI platform, which automates the high-friction insurance calls that cost provider organizations and billing companies billions of dollars every year.
Automating Healthcare's Most
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PE Firm Harvest Partners Invest in RCM Company Med-Metrix
What You Should Know:
- Med-Metrix, LLC, a provider of technology-enabled Revenue Cycle Management (RCM) solutions has received a significant growth investment from funds managed by Harvest Partners, LP (“Harvest”).
- The investment, made in partnership with Med-Metrix's management and its prior owner, A&M Capital (“AMC”), will support the company’s next phase of development.
AMC to Retain Minority Investment
The company’s management team, led by CEO Joseph Davi, will
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Oversight Beyond the FDA: New Report Untangles the Complex Regulation of Health AI Tools
What You Should Know:
- A new report from the Bipartisan Policy Center (BPC) examines the complex and often fragmented regulatory landscape for health AI tools that fall outside the jurisdiction of the U.S. Food and Drug Administration (FDA). As AI becomes increasingly embedded in healthcare—automating administrative tasks, guiding clinical decisions, and powering consumer wellness apps—these tools operate within a patchwork of federal rules, state laws, and voluntary industry
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HFMA25: FinThrive Launches New AI Platforms to Stop Revenue Leakage
What You Should Know:
- FinThrive, a healthcare revenue management SaaS provider, today announced the launch of FinThrive Fusion™, the first dynamic intelligence platform purpose-built on a modernized data fabric to power the future of revenue cycle management (RCM) innovation.
- The company also announced the launch of FinThrive Denials and Underpayments Analyzer, a next-generation analytics solution powered by the new platform.
Introducing the Denials and Underpayments
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Knowtion Health Acquires Switch RCM to Enhance AI-Powered Revenue Recovery Solutions
What You Should Know:
- Knowtion Health, a healthcare revenue cycle company, has acquired Switch RCM, a data- and technology-first company that uncovers and resolves overlooked reimbursement opportunities through intelligent automation and data-driven innovation.The financial terms of the transaction were not disclosed.
- The combination of Knowtion and Switch RCM is designed to address the growing challenges faced by health systems, including increasing payer complexity, shrinking
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RevelAi Health Closes $3.1M to Scale its Conversational AI Platform for Musculoskeletal Care
What You Should Know:
- RevelAi Health, a conversational artificial intelligence (AI) platform built for musculoskeletal care, has closed an oversubscribed $3.1M seed round led by Ulu Ventures and Symphonic Capital, with participation from Orthopedic VC, Sand Hill Angels, and a consortium of nationally recognized orthopedic surgeons.
- The company is tackling the largest area of U.S. healthcare spending—musculoskeletal disorders, which exceed $420B annually—by providing a 24/7
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Layer Health and Intermountain Health to Deploy AI for Clinical Data Abstraction
What You Should Know:
- Layer Health, an artificial intelligence (AI) company in healthcare announced a strategic collaboration with Intermountain Health, one of the nation’s top integrated health systems. The collaboration includes a strategic investment from Intermountain Ventures, Intermountain’s innovation and venture capital arm, and a multi-year initiative to deploy the Layer Health AI platform across multiple clinical registries.
- The partnership aims to improve the accuracy,
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