What You Should Know
Global AI care partner platform Heidi (formerly Heidi Health) announced the commercial launch of Heidi II, evolving its platform from passive ambient clinical documentation into an active agentic execution layer that completes administrative tasks surrounding patient visits.Addresses global clinical volume at scale: Heidi currently supports 2.8 million patient interactions weekly across 110 languages in 190 countries, with its historical core engine supporting more than
Read More
M&A: Grindr Acquires PurposeMed for $250M to Build Full-Stack “Grindr Health” Telehealth Rail
What You Should Know
Social networking platform Grindr Inc. announced an agreement to acquire PurposeMed Inc., the parent company of virtual HIV-prevention platform Freddie, for an upfront base purchase price of $250M ($190M in cash and $60M in Grindr common stock), with up to $70M in additional performance-based cash earnouts tied to fiscal year 2027 targets payable in 2028.The transaction marks Grindr’s first major acquisition since its founding in 2009, scheduled to close in the fourth
Read More
Tiny Health Secures $33M to Scale Microbiome Intelligence Platform Across Lifespan
What You Should Know
Microbiome intelligence and precision diagnostics platform Tiny Health announced the completion of an oversubscribed $33 million Series B financing round led by B Capital, bringing the company’s total cumulative funding to $46M.The financing syndicate included participation from existing investors—Spero Ventures, The Venture City, and Overwater Ventures—alongside new institutional backers including Black Opal Ventures, Denver Ventures, Pave Health Ventures, Alumni
Read More
Parakeet Health Raises $10M to Scale Agentic Patient Engagement Across 2,800 Providers
What You Should Know
Healthcare conversational and agentic access platform Parakeet Health announced an oversubscribed $10M Series A financing round led by Canvas Ventures, with participation from Blank Space Ventures, StoryHouse Ventures, and HMC INQ, bringing cumulative funding to $13M.The financing follows 10x year-over-year annual recurring revenue (ARR) growth, fueled by an enterprise operational footprint supporting more than 2,800 providers across 1,100+ clinical locations, including
Read More
Avatar Medical Launches Epic EHR Integration for Real-Time 3D Surgical Planning and Patient Consultations
What You Should Know
Medical visualization company Avatar Medical announced that its flagship software, Avatar Medical Vision, can now be launched natively from within Epic’s EHR.The integration enables attending physicians and surgeons to transition from a patient’s active clinical record directly into interactive, patient-specific 3D anatomical models in a few clicks, carrying patient context automatically to eliminate manual imaging searches, credential logins, and duplicate data entry.The
Read More
Ortet Launches with $500M from Thoreau to Build Frontier AI Lab for Healthcare
What You Should Know
Ortet, a frontier artificial intelligence laboratory focused on healthcare, officially launched, backed by a landmark $500M investment commitment from Thoreau, the technology holding platform engineered to build core compute, clinical rules, and research infrastructure across healthcare markets.The startup is building a patient-centered, multi-dimensional foundation model that spans compute infrastructure, proprietary data networks, frontier research, model training, and
Read More
FDA Clears DreaMed MODI: First CGM-Driven Insulin Dose Optimization App for Type 2 Injection Therapy
What You Should Know
The U.S. Food and Drug Administration (FDA) has granted 510(k) clearance to MODI, a prescription software-as-a-medical-device (SaMD) application developed by DreaMed Diabetes Ltd. that calculates and delivers autonomous insulin dose titration recommendations directly to patients.The clearance establishes a new digital therapeutics category by bringing automated algorithmic dose optimization to the 85% of insulin users who rely on daily injections rather than continuous
Read More
Capstone Partners Reports 93.8% Surge in AI-Enabled Healthcare IT M&A
What You Should Know
Middle-market investment banking firm Capstone Partners (a subsidiary of Huntington Bancshares Incorporated) released its September 2026 Healthcare Information Technology (IT) Market Update, documenting an acceleration in healthcare artificial intelligence dealmaking and B2B workflow automation.Overall Healthcare IT merger and acquisition (M&A) deal volume reached 179 announced or completed transactions year-to-date (YTD) 2026 (a 22.6% increase year-over-year),
Read More
M&A: Venture Medical Acquires Wound Care EHR Startup Medipyxis to Unify Clinical Documentation and Billing
What You Should Know
Advanced wound care solutions enterprise Venture Medical, LLC announced the acquisition of Medipyxis, Inc., developer of a purpose-built electronic medical record (EMR) and practice operating system engineered specifically for wound care providers; financial terms were not disclosed.Medipyxis will operate as a wholly owned subsidiary of Venture Medical, maintaining its standalone platform roadmap under the continued executive leadership of founder Damon Ebanks, who will
Read More
PHTI Survey Reveals Majority of Employers and Health Plans Tie Digital Health Payments to Performance
What You Should Know
The Peterson Health Technology Institute (PHTI) released its 2026 State of Digital Health Purchasing survey report surveying 321 digital health purchasing decision-makers across U.S. health plans (n=106), employers (n=115), and health systems (n=100) in partnership with KRC Research.The findings demonstrate a structural transition toward risk-bearing procurement, with a majority of commercial purchasers—including 68% of employers and 55% of commercial health plans
Read More
