What You Should Know
Autonomous revenue cycle management (RCM) platform Candid Health has raised $120 million in Series D funding led by Sixth Street Growth, with participation from Oak HC/FT, 8VC and
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Karoo Health Secures $16.2M to Build Cardiovascular OS Infrastructure
What You Should Know
Cardiovascular technology platform Karoo Health has closed a $16.2M Series A funding round co-led by 7wire Ventures and Allumia Ventures, with participation from First Trust Capital Partners, SpringRock Ventures, and Hyde Park Angels.Lee Shapiro (Managing Partner, 7wire Ventures) and Jeff Stolte (Managing Partner, Allumia Ventures) join Karoo Health's Board of Directors.Karoo provides an AI-native connective platform that integrates clinical EHRs, claims history, pharmacy
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Prosper Medical Secures $16M for AI-Powered Primary Care Platform
What You Should Know
AI-powered primary care platform Prosper Medical has raised $16M in financing led by FUSE, with participation from Aurum Partners, Better.vc, Cal Innovation Fund, Fluent, Latitude Capital, Knoll Ventures, and WTI.Founded by Ryan McQuaid (CEO) and James Wantuck, MD (CMO), the former founders of PlushCare, which they built and sold to Accolade for $450 million.Prosper shifts away from "transactional" telehealth toward continuous, proactive concierge care by using AI to
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Assured Raises $19M to Replace Manual Credentialing with Autonomous AI Agents
What You Should Know
Provider operations platform Assured has raised $19 million in Series A funding led by Insight Partners, with continued participation from First Round Capital and Kindred Ventures.Assured serves more than 100 healthcare organizations—spanning health systems like Houston Methodist to digital health providers like Tono Health, Blossom Health, and Birches Health.The platform replaces manual provider credentialing and payer enrollment workflows with autonomous AI agents that
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Cheiron Raises $8M to Launch AI-Native the Operating System for Drug Programs
What You Should Know
AI-native life sciences platform Cheiron has secured $8M in seed funding led by Menlo Ventures, with Venky Ganesan joining the board.Strategic backers include Moderna co-founder Robert Langer, former Pfizer CMO Freda Lewis-Hall, Chai Discovery CEO Josh Meier, former Starbucks CEO Laxman Narasimhan, and former Apple AI chief John Giannandrea.Cheiron is designed to replace fragmented spreadsheets, papers, and filings by representing an entire drug development lifecycle as a
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KLAS Research Releases 2026 RCM Suites Report: Waystar Leads Market in Overall Satisfaction
What You Should Know
The 2026 KLAS Revenue Cycle Management Suites Report focuses on healthcare organizations using at least three distinct RCM modules (e.g., claims, eligibility, denials, insurance discovery) from a single vendor.KLAS highlights that while consolidation is accelerating, it has yet to validate a single vendor offering a fully mature, end-to-end RCM platform without functional trade-offs.Waystar earned an overall "A" grade—the highest in the report—driven by strong strategic
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Healthcare Growth Partners Releases July 2026 Health IT Market Review: Key Valuations and M&A Benchmarks
What You Should Know
U.S. Health IT M&A and buyout volume rebounded in Q2 2026 to 121 announced transactions after averaging 101 transactions across Q4 2025 and Q1 2026, according to Healthcare Growth Partners’ July 2026 Health IT Market Review report. The HGP Health IT Revenue Multiple recovered to 4.7x revenue by the end of Q2 2026 after dropping from 5.3x down to 3.7x in April.Health IT demonstrated strong resilience during the "SaaSpocalypse," outperforming broader Enterprise
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M&A: Focus to Acquire Managed Services Provider GuideIT
What You Should Know
Healthcare managed IT platform Focus has signed a definitive agreement to acquire Plano, Texas-based GuideIT. Post-closing, the entity will operate as GuideIT, A Focus Company.The transaction is designed to replace the fragmented model of multi-vendor IT management—where health systems juggle separate providers for cloud, cybersecurity, and EHR support—with a single, accountable operating partner.GuideIT brings over twenty years of operational delivery, spanning managed
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M&A: SpinSci Acquires Dialog Health to Expand AI-Powered Patient Access Platform Across Voice and Text
What You Should Know
Dallas-based agentic AI leader SpinSci has formally acquired Franklin, Tenn.-based patient and staff engagement provider Dialog Health.The deal bridges SpinSci’s proprietary, AI-driven voice access and contact center automation tools with Dialog Health’s two-way SMS, Rich Communication Services (RCS), and automated outreach platform.Dialog Health brings a proven track record to the platform, including an 82% reduction in 90-day readmissions, a 92% decrease in
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Philips Earns FDA 510(k) Clearance for Next-Generation Reusable SpO₂ Clip Sensor
What You Should Know
Philips has officially secured U.S. FDA 510(k) clearance for its next-generation reusable SpO₂ clip sensor.In controlled desaturation studies, the enhanced sensor achieved an Accuracy Root Mean Square (ARMS) value of 1.6%—nearly twice as accurate as the 3% threshold recommended by ISO guidelines and recognized by the FDA.Addressing industry-wide pulse oximetry disparities, the sensor demonstrated consistent clinical performance across a broad spectrum of skin tones, with
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