What You Should Know
Dynamic physical AI and robotic mobility pioneer Wandercraft announced the acquisition of Ekso Bionics, Inc. from a subsidiary of ChronoScale Holdings Corporation, the transaction was unanimously approved by both boards of directors and signed and closed simultaneously (financial terms undisclosed).The business combination merges Wandercraft’s proprietary physical AI, dynamic balance robotics, and European/EMEA market leadership with Ekso Bionics’ two decades of
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AKASA Launches Autonomous Mid-Cycle AI for Inpatient Coding and CDI
What You Should Know
Healthcare revenue cycle generative AI company AKASA announced the commercial launch of its autonomous AI platform for the revenue cycle mid-cycle, expanding beyond AI-powered prebill review into fully autonomous execution for inpatient medical coding and clinical documentation integrity (CDI).Addresses the most complex, resource-intensive operational bottleneck in acute care: while human medical coders typically require 30 to 60 minutes per inpatient chart (with
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Heidi II Launches Autonomous Clinical Agents to Execute 10M Weekly Visit Tasks
What You Should Know
Global AI care partner platform Heidi (formerly Heidi Health) announced the commercial launch of Heidi II, evolving its platform from passive ambient clinical documentation into an active agentic execution layer that completes administrative tasks surrounding patient visits.Addresses global clinical volume at scale: Heidi currently supports 2.8 million patient interactions weekly across 110 languages in 190 countries, with its historical core engine supporting more than
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M&A: Grindr Acquires PurposeMed for $250M to Build Full-Stack “Grindr Health” Telehealth Rail
What You Should Know
Social networking platform Grindr Inc. announced an agreement to acquire PurposeMed Inc., the parent company of virtual HIV-prevention platform Freddie, for an upfront base purchase price of $250M ($190M in cash and $60M in Grindr common stock), with up to $70M in additional performance-based cash earnouts tied to fiscal year 2027 targets payable in 2028.The transaction marks Grindr’s first major acquisition since its founding in 2009, scheduled to close in the fourth
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Tiny Health Secures $33M to Scale Microbiome Intelligence Platform Across Lifespan
What You Should Know
Microbiome intelligence and precision diagnostics platform Tiny Health announced the completion of an oversubscribed $33 million Series B financing round led by B Capital, bringing the company’s total cumulative funding to $46M.The financing syndicate included participation from existing investors—Spero Ventures, The Venture City, and Overwater Ventures—alongside new institutional backers including Black Opal Ventures, Denver Ventures, Pave Health Ventures, Alumni
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Parakeet Health Raises $10M to Scale Agentic Patient Engagement Across 2,800 Providers
What You Should Know
Healthcare conversational and agentic access platform Parakeet Health announced an oversubscribed $10M Series A financing round led by Canvas Ventures, with participation from Blank Space Ventures, StoryHouse Ventures, and HMC INQ, bringing cumulative funding to $13M.The financing follows 10x year-over-year annual recurring revenue (ARR) growth, fueled by an enterprise operational footprint supporting more than 2,800 providers across 1,100+ clinical locations, including
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Avatar Medical Launches Epic EHR Integration for Real-Time 3D Surgical Planning and Patient Consultations
What You Should Know
Medical visualization company Avatar Medical announced that its flagship software, Avatar Medical Vision, can now be launched natively from within Epic’s EHR.The integration enables attending physicians and surgeons to transition from a patient’s active clinical record directly into interactive, patient-specific 3D anatomical models in a few clicks, carrying patient context automatically to eliminate manual imaging searches, credential logins, and duplicate data entry.The
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Ortet Launches with $500M from Thoreau to Build Frontier AI Lab for Healthcare
What You Should Know
Ortet, a frontier artificial intelligence laboratory focused on healthcare, officially launched, backed by a landmark $500M investment commitment from Thoreau, the technology holding platform engineered to build core compute, clinical rules, and research infrastructure across healthcare markets.The startup is building a patient-centered, multi-dimensional foundation model that spans compute infrastructure, proprietary data networks, frontier research, model training, and
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FDA Clears DreaMed MODI: First CGM-Driven Insulin Dose Optimization App for Type 2 Injection Therapy
What You Should Know
The U.S. Food and Drug Administration (FDA) has granted 510(k) clearance to MODI, a prescription software-as-a-medical-device (SaMD) application developed by DreaMed Diabetes Ltd. that calculates and delivers autonomous insulin dose titration recommendations directly to patients.The clearance establishes a new digital therapeutics category by bringing automated algorithmic dose optimization to the 85% of insulin users who rely on daily injections rather than continuous
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Capstone Partners Reports 93.8% Surge in AI-Enabled Healthcare IT M&A
What You Should Know
Middle-market investment banking firm Capstone Partners (a subsidiary of Huntington Bancshares Incorporated) released its September 2026 Healthcare Information Technology (IT) Market Update, documenting an acceleration in healthcare artificial intelligence dealmaking and B2B workflow automation.Overall Healthcare IT merger and acquisition (M&A) deal volume reached 179 announced or completed transactions year-to-date (YTD) 2026 (a 22.6% increase year-over-year),
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