What You Should Know:
- CureIS Healthcare, Inc., a company specializing in information technology solutions for the healthcare industry, has filed a lawsuit against EHR giant Epic Systems Corporation.
- The complaint, lodged in the U.S. District Court for the Northern District of California on May 13, 2025, accuses Epic of engaging in a multifaceted scheme to unlawfully stifle competition, interfere with CureIS's business and customer relationships, misappropriate trade secrets, and
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TELUS Health Acquires Workplace Options for $500M
What You Should Know:
- TELUS Corporation announced a significant strategic partnership with GTCR, a private equity firm with deep expertise in the healthcare sector. TELUS Health confirmed its acquisition of Workplace Options for approximately $500M (US$350M) in cash, net of around $100M (US$70M) in assumed debt. Workplace Options' extensive network, spanning 200 countries and territories, further cements TELUS Health's position as a dominant force in the global wellbeing solutions
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Cohere Health Secures $90M to Expand AI-Powered Platform Transforming Health Plan Clinical Decision-Making
What You Should Know:
- Cohere Health®, a leader in clinical intelligence solutions tailored for health plans and risk-bearing providers raises $90M in a Series C funding round led by Temasek, with continued strong support from existing investors including Deerfield Management, Define Ventures, Flare Capital Partners, Longitude Capital, and Polaris Partners. This latest round brings Cohere Health's total funding to an impressive $200M.
- The infusion of new capital is earmarked to
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Canopy Wins Preliminary Injunction Against Commure for Alleged Contract Breach & IP Misuse
What You Should Know:
- On April 25, 2025, the U.S. District Court for the Northern District of California granted Canopy, a healthcare safety technology platform a preliminary injunction against Commure, Inc., finding that Commure will likely be found in violation of contractual restrictions by building, selling, and distributing its "Strongline Pro" product.
- The court ruling (Case No. 5:24-cv-02592-NW) brings to light a contentious history involving intellectual property and
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Sanford Health to Deploy Cedar’s AI-Powered Payment Tools to Enhance Patient Financial Experience
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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