What You Should Know:
- Sanford Health, the largest rural health system in the United States and Cedar, the leading patient financial experience platform for healthcare providers announced a significant partnership.
- The collaboration will see Sanford Health, which serves over 2.4 million patients, leverage Cedar's innovative technology to deliver a simpler, more transparent payment experience across its extensive network. The strategic initiative underscores a growing recognition
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Shields Health Solutions, Duke Health to Advance Specialty Pharmacy in North Carolina
What You Should Know:
- Shields Health Solutions (Shields), the nation's premier specialty pharmacy accelerator, announced a significant partnership with Duke Health, a leading academic health system in North Carolina.
- The expansion of Duke Specialty Pharmacy, supported by Shields, is strategically designed to provide superior support for patients managing complex, chronic conditions. This initiative aims to deliver lower costs, broader treatment options, and significantly
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PhaseV Closes $50M to Advance AI Clinical Development
What You Should Know:
- PhaseV, a company at the forefront of applying artificial intelligence (AI) and machine learning (ML) to clinical development raies $50M in Series A funding round co-led by Accel and Insight Partners, with participation from existing investors Viola Ventures, EXOR, and LionBird. This round brings PhaseV's total funding to date to $65M.
- The new capital is earmarked to fuel PhaseV’s mission to support pharmaceutical companies, biotech firms, and contract
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UnitedHealth CEO Andrew Witty Steps Down, Stephen Hemsley Returns as CEO
What You Should Know:
- UnitedHealth Group today announced a significant leadership transition, with Stephen J. Hemsley being re-appointed as its chief executive officer, effective immediately.
- Hemsley, who previously led the company as CEO from 2006 to 2017 and will remain chairman of the company’s Board of Directors, steps in as Andrew Witty has decided to step down as CEO for personal reasons. Witty will continue to support the transition by serving as a senior adviser to
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Celery Secures $6.25M Automate Financial Controls with AI
What You Should Know:
- Celery, a financial operations platform leveraging artificial intelligence to automate internal controls secures $6.25M in seed funding led by Team8 Capital, with participation from Verissimo Ventures, Centre Street Partners, 97212 Ventures, and several strategic angel investors. This latest round brings Celery's total funding to $9M.
- The company was co-founded by Brot, a former startup CEO; Noam Slomianko, a serial entrepreneur and cybersecurity expert; and
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Olio Secures $11M to Scale Care Coordination Platform
What You Should Know:
- Olio, a software platform dedicated to streamlining care coordination raises $11M in Series B funding round led by Fulcrum Equity Partners, with significant participation from Mutual Capital Partners (MCP), a growth equity firm specializing in scaling innovative healthcare and B2B software companies.
- This new capital infusion is earmarked to expand Olio's product offerings and accelerate its go-to-market initiatives, thereby deepening its impact on
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Bioliberty Launches Lifehub Clinic with Soft-Robotic Lifeglov for Neurological Therapy
What You Should Know:
- Bioliberty, a medtech startup focused on revolutionizing the delivery of physical and occupational therapy, today announced the official launch of its first product, Lifehub Clinic.
- Lifehub Clinic is presented as an affordable and portable modular solution designed to assist therapists in delivering high-intensity, engaging therapy within clinical settings.
Soft-Robotic Wearables
This new system will serve as a central hub for Bioliberty's
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Trump Signs Executive Order to Lower US Drug Prices with MFN Policy
What You Should Know:
- President Donald J. Trump has signed a new Executive Order aimed at bringing the prices Americans and U.S. taxpayers pay for prescription drugs in line with those paid by comparable developed nations.
- The executive order introduces a "Most-Favored-Nation" (MFN) pricing model and directs multiple government agencies to take action against what the Administration terms unfair international pricing practices that inflate costs for American
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UPMC Enterprises, Redesign Health Launch Glimmer Health to Transform Chronic Pain Management in Primary Care
What You Should Know:
- Glimmer Health, a new company designed to empower primary care physicians with effective and comprehensive chronic pain management solutions, was officially unveiled today by UPMC Enterprises and Redesign Health. This marks the second innovative healthcare company funded and launched through the partnership between the venture capital arm of UPMC and the New York-based company creator.
- Glimmer Health aims to address the significant burden of chronic pain,
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Mentaily Secures $3M for AI-Powered Mental Health Assessment Tool, LIV
What You Should Know:
- Mentaily, a company developing AI-powered tools for mental health assessment, triage, and the diagnosis of mental disorders secures $3M seed funding round led by a US-based family office and Israeli family offices, with significant participation from impact funds The Rashi Foundation and Sheatufim, alongside prominent digital health angel investors.
- Founded in 2024, Mentaily is focused on addressing complex mental health needs, particularly those emerging in
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