What You Should Know
Kin Health has closed an oversubscribed $9M seed financing round led by Maveron, featuring participation from Town Hall Ventures, Flex Capital, and the co-founders of GoodRx.The free mobile application directly addresses clinical data showing that patients accurately recall only 49% of medical advice from doctor visits, with roughly half forgetting their treatment plans entirely.While ambient scribe technology has reached a massive 75% to 90% adoption rate on the
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Beyond Compliance: What KLAS’ Brief Reveals About the Real ROI of Legacy Data Decommissioning
What You Should Know
KLAS latest report, Data Archiving 2026, interviewed 36 vendor-identified deep adopters between September 2025 and March 2026 to evaluate how health organizations utilize archiving software beyond basic legal and retention requirements.Advanced capabilities like AI-driven clinical decision support and real-time analytics are rarely in production, with 60% of deep adopters showing no interest in using archived data for AI or research enablement.Financial return on
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Demystifying the Blood Panel: Labcorp Launches HIPAA-Compliant Mobile AI Advisor
What You Should Know
Global laboratory services leader Labcorp has officially launched MyLabcorp™, a secure, AI-powered mobile patient application available on both the Apple App Store and Google Play Store.The application directly addresses a massive consumer shift toward digital data interpretation, with recent survey findings showing that 55% of consumers view AI as important for understanding health information.Backed by OpenAI's advanced reasoning models, the app introduces an
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Cedars-Sinai Deploys OpenEvidence Enterprise Platform to Drive Precision Clinical Decision Support
What You Should Know
Los Angeles-based health system Cedars-Sinai has deployed OpenEvidence systemwide, giving its entire enterprise care team access to an AI-enabled clinical reference tool directly integrated within the Electronic Health Record (EHR).The AI platform functions at the point of care by dynamically linking the latest peer-reviewed medical literature and scientific findings with an individual patient’s unique history, including comorbidities, prior procedures, medications,
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Surescripts Expands Prior Authorization Automation: Slashing Prescription Approval Times as New CMS Interoperability Rules Loom
What You Should Know
Surescripts has expanded its Prior Authorization Automation solution, increasing the number of enabled clinicians by 50% since December 2025 to reach 68,000 prescribers across 42 major health systems.Automated prior authorization systems achieved a median approval time of just 18 seconds when clinical determination criteria were met, bypassing traditional manual forms, faxes, and telephone calls.Real-Time Prescription Benefit tools saved patients $19.7 million from
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Nourish Raises $100M to Expand Nation’s Largest Dietitian-Led Virtual Clinic
What You Should Know
Nourish—the country’s largest dietitian-led virtual metabolic clinic—disclosed a $100M Series C funding round led by Menlo Ventures, accelerating its total capital raised to $215M. The round included participation from Thrive Capital, Index Ventures, J.P. Morgan Growth Equity Partners, Maverick Ventures, Y Combinator, BoxGroup, Atomico, Daybreak and Operator Partners. The platform addresses nutrition-related chronic conditions by delivering clinical outcomes that
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Commure Secures $70M to Drive 85% Autonomous Revenue Cycle Execution
What You Should Know
Commure, an AI platform for healthcare operations, secured a $70M financing round at a $7 billion post-money valuation led by General Catalyst, with participation from Sequoia Capital, Morgan Stanley, and Kirkland & Ellis.Tackling the $1 Trillion Problem: The company’s agentic AI infrastructure targets administrative waste—a sector that consumes an estimated $1 trillion annually in the U.S. alone.Proven Operational Automation: Commure’s end-to-end revenue cycle
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Century Health Raises $5M for CHARM AI Platform to Accelerate Life Sciences Research
What You Should Know
Century Health has closed an oversubscribed $5M seed financing round led by Origin Ventures, bringing its total funding to an industry-accelerated position.The platform's proprietary Century Health Abstraction & Retrieval Model (CHARM) automates the curation of unstructured EHR data (notes, reports, and documentation), achieving a 97% accuracy rate validated against clinical expert judgment.Century Health expanded its specialty provider data network 60x over the past
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Reimagining Medical Devices in the AI Era: The 3 Structural Shifts Driving Venture-Scale Growth
What You Should Know:
In their newly released whitepaper, Medical Devices in the AI Era, Aegis Ventures outlines how the medical device sector has historically underperformed in venture portfolios, remaining completely flat at just 2% to 3% of overall healthcare venture capital since 2018, despite representing a $200 billion annual market.The Software Evolution: The axis of competition is moving from physical hardware ("atoms") to intelligent software ("algorithms"), opening the door to
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M&A: Qualtrics Completes $6.75B Acquisition of Press Ganey Forsta
What You Should Know
Qualtrics has officially completed its acquisition of healthcare experience leader Press Ganey Forsta for $6.75B, marking the largest technology acquisition in Utah history.Category Expansion: The deal fuses Qualtrics’ experience management (XM) AI and data platform with Press Ganey Forsta's massive clinical, operational, and regulatory benchmarking footprint.The "Experience Gap" Mandate: Driven by consumer expectations permanently altered by AI, modern patients no longer
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