What You Should Know:
- Eleos Health, a pioneer in AI-driven solutions for behavioral health secures $60M in Series C funding round led by Greenfield Partners. The funding round includes participation from existing investors such as F-Prime Capital, Eight Roads, Menlo Ventures, and ION, as well as new investors like the Michael & Susan Dell Foundation, Union Tech Ventures, and Centerstone.
- The latest investment brings Eleos' total funding to over $120M and underscores the
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Lindus Health Raises $55M to Accelerate AI-Driven Clinical Trials
What You Should Know:
- Lindus Health, a company transforming the clinical trial landscape with its tech-first approach raises $55M in Series B funding round led by Balderton Capital, with participation from Visionaries Club and existing investors Creandum, Firstminute, and Seedcamp.
- The funding will fuel the continued development of Lindus Health's AI technology and eClinical platform, Citrus™, and support the company's mission to make clinical trials faster, more reliable,
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Oshi Health Adds New Investors to Recent $60M to Expand Multidisciplinary GI Care Access
What You Should Know:
- Oshi Health, a national multidisciplinary gastroenterology (GI) medical practice announced that American College of Gastroenterology (ACG), the American Gastroenterological Association (AGA) GI Opportunity Fund, and a group of prominent practicing physicians have joined its recent $60M Series C funding round.
- This latest funding round builds on the ACG and AGA's prior investment in Oshi Health in 2023 and highlights the growing recognition of the need for
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Percipio Health Launches AI-Powered Population Health Platform with $20M
What You Should Know:
- Percipio Health, a population health monitoring and management platform, today announced its official launch and the closing of a $20M in Series A funding round led by UPMC Enterprises, WAVE Ventures, and Labcorp.
- Percipio's platform, developed over the past two years, utilizes the power of AI and a simple smartphone to collect whole-person health signals, enabling real-time assessments and predictive insights. This approach eliminates the need for
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Innovaccer Acquires Humbi AI to Launch AI Actuarial Copilots
What You Should Know:
- Innovaccer, a healthcare AI company, announced the acquisition of Humbi AI, a specialized healthcare actuarial software, services, and analytics company. Financial details of the acquisition were not disclosed.
- The transaction marks Innovaccer's third acquisition in recent years, following Cured and Pharmacy Quality Solutions (PQS) in 2024, further solidifying the company's commitment to driving advanced healthcare transformation.
Enhance Healthcare
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Iris Telehealth Acquires Telepsychiatry Provider innovaTel
What You Should Know:
- Iris Telehealth, a leading provider of telepsychiatry services, announced the acquisition of innovaTel, a division of Quartet Health renowned for its expertise in treating complex mental health conditions. Financial details of the acquisition were not disclosed.
- The acquisition positions Iris Telehealth as one of the largest telepsychiatry companies in the nation, with a combined network of experienced clinicians and a comprehensive suite of
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MultiCare Health Taps IllumiCare to Tackle Clinical Waste with AI
What You Should Know:
- MultiCare Health System, a large healthcare network in Tacoma, Washington, has partnered with IllumiCare to integrate its clinical decision support (CDS) solution directly into its Epic electronic health record (EHR) system.
- The integration provides clinicians with real-time recommendations at the point of care, helping them make more informed decisions about medications, lab tests, and imaging studies.
Targeting Inefficiencies in Healthcare
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Wearable Devices Can Predict IBD Flare-Ups Weeks in Advance, Mount Sinai Study Finds
What You Should Know:
- A new study from Mount Sinai researchers has revealed that wearable devices, like smartwatches and fitness trackers, can effectively identify, differentiate, and even predict flare-ups in individuals with inflammatory bowel disease (IBD).
- The research findings, published in the journal Gastroenterology, opens up exciting possibilities for continuous disease monitoring and proactive management of IBD using widely available technology.
IBD, which
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Knack RCM Acquires HealthyBOS, Expanding Global Footprint and DME Expertise
What You Should Know:
- Knack RCM, a provider of tech-enabled revenue cycle management (RCM) services, today announced the acquisition of HealthyBOS, a prominent U.S. and Philippines-based RCM provider specializing in the durable medical equipment (DME) sector.
- The strategic move significantly expands Knack RCM's global footprint and strengthens its position in the rapidly growing RCM market. Financial details of the acquisition were not disclosed.
Strategic
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Cedars-Sinai Under Fire: Kerlan-Jobe Alleges Unlawful Conduct in $150M Lawsuit
What You Should Know:
- The Kerlan-Jobe Orthopaedic Clinic, a renowned institution known for pioneering the Tommy John surgery and its commitment to athletes and first responders, has filed a $150M lawsuit against Cedars-Sinai Medical Care Foundation, Santa Monica Orthopaedic and Sports Medicine Group (SMOG), and several executives.
- The lawsuit, filed in Los Angeles County Superior Court, alleges a decades-long scheme by Cedars-Sinai to misappropriate Kerlan-Jobe's reputation,
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