What You Should Know
Medidata, a Dassault Systèmes brand, has launched Medidata Plus, an embedded clinical artificial intelligence layer designed to unlock scalable AI capabilities across the entire Medidata Platform.While 92% of life sciences decision-makers plan to increase AI spend, only 29% report AI meets their expectations. Medidata Plus eliminates disparate point solutions, providing a predictable, standardized data layer across the trial lifecycle.Automates Electronic Data Capture
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Department of Veterans Affairs Awards Salesforce $1.6B Contract for Enterprise AI Modernization
What You Should Know
The U.S. Department of Veterans Affairs (VA) awarded Salesforce a three-year, $1.6 billion Agentic Enterprise License Agreement (AELA) to modernize care and benefits delivery for 17 million Veterans.Operating through Salesforce's public sector framework, Missionforce, the agreement deploys FedRAMP High-authorized and HIPAA-ready AI agents via Agentforce Public Sector and Agentforce Health.A primary operational goal of the deployment is building on the VA's Unified Patient
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Cigna Healthcare Expands AI-Enabled Care Management to Reach 20% More Customers
What You Should Know
Cigna Healthcare is expanding its personalized care management programs by 20% using AI-enabled capabilities and predictive analytics to identify individuals with emerging, complex, or chronic conditions.By connecting high-risk members with over 1,250 Cigna clinicians, engaged customers save an average of $2,000 annually, generating an estimated $200M in total medical savings over three years.Advanced predictive models detect breast, colorectal, and lung cancer diagnoses
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Candid Health Secures $120M to Expand Autonomous Revenue Cycle Management Platform
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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