What You Should Know:
- Caris Life Sciences® (Caris), an AI TechBio company and pioneer in precision medicine, today announced the pricing of its initial public offering (IPO) of 23,529,412 shares of its common stock at a public offering price of $21.00 per share.
- The shares are expected to begin trading on the Nasdaq Global Select Market on June 18, 2025, under the ticker symbol “CAI.” The offering is expected to close on June 20, 2025, subject to customary closing
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Nabla Raises $70M to Build an “Agentic” AI Assistant for Clinicians
What You Should Know:
- Nabla, one of the most widely adopted AI assistants in clinical care secures $70M in Series C funding led by HV Capital, with Highland Europe joining as a key investor, alongside DST Global, and existing investors Cathay Innovation, and Tony Fadell’s Build Collective. The funding brings Nabla’s total capital raised to $120M.
- The new capital will accelerate product development, fuel growth across Nabla’s technical and go-to-market teams, and support strategic
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Sword Health Raises $40M, Launches AI-Powered Mental Health Solution “Mind”
What You Should Know:
- Sword Health, the world’s leading AI Care company raises $40M funding round at a $4B valuation, led by General Catalyst.
- The company also unveiled Mind, a revolutionary mental health solution that combines AI and licensed clinicians to deliver continuous, personalized care, aiming to transform mental health from episodic talk therapy to a proactive, always-on support system.
- The new funding will accelerate the evolution of Sword's AI Care model,
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HOPPR Secures $31.5M to Scale its AI Medical Imaging Development Platform
What You Should Know:
- HOPPR, the company revolutionizing how AI imaging applications are built, validated, and deployed secures $31.5M in an oversubscribed Series A funding round led by Kivu and Greycroft, with participation from PSG Equity, Morningside Capital, Fortitude Ventures, and existing investor Health 2047.
- HOPPR intends to accelerate platform development, scale operations, expand its foundation model capabilities, and grow its team of top-tier talent.
Addressing a
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Quilt Health Raises $6M to Modernize Clinical Trial Access for Complex Diseases
What You Should Know:
- Quilt Health, a digital health company dedicated to bridging gaps in treatment access for complex diseases secures $6M in seed funding round, bringing its total funding to $8M. The round was led by MaC Venture Capital and Underscore Ventures, with participation from Meridian Street Capital, BoxGroup, Watershed VC, and Coalition Operators.
- Founded with an initial focus on sickle cell disease, the company plans to use the new capital to rapidly expand into
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INSIGHTS: What Leaders Expect to Hear at HFMA Annual Conference
As healthcare finance leaders prepare to gather for the upcoming HFMA Annual Conference, they face a familiar but intensified set of challenges: shrinking margins, rising operational costs, and an increasingly complex reimbursement landscape. This year, however, a dominant theme emerges from the conversation: the role of Artificial Intelligence in revolutionizing the revenue cycle. We asked six healthcare executives for insights on what key themes/trends they expect to be the most talked
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Capital Rx to Acquire Healthcare Navigation Platform Amino Health
What You Should Know:
- Capital Rx, Inc., the enterprise health technology company announced the acquisition of Amino Health and its comprehensive health navigation platform. Amino Health will now become Capital Rx’s care navigation solution, named Judi Care, significantly extending the company’s enterprise platform capabilities to nearly 60 million covered lives.
- The strategic acquisition allows Capital Rx to offer employers all the necessary components to create a holistic
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The Joint Commission and CHAI Partner to Set National Standards for Responsible AI in Healthcare
What You Should Know:
- The Joint Commission, an independent, evidence-based healthcare standard-setting organization, and the Coalition for Health AI (CHAI), a nonprofit organization founded by clinicians, today announced a new partnership to accelerate the development and adoption of AI best practices and guidance across the U.S. healthcare system.
- Together, the organizations will leverage their scale and expertise to co-develop a suite of AI playbooks, tools, and a new
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Doctors Are Using AI, But Lack of Guidelines and Training Leaves Them Feeling Unprepared, New Survey Finds
What You Should Know:
- A new survey of U.S. physicians from Inlightened, a tech-enabled healthcare insights platform, reveals a significant paradox in the adoption of artificial intelligence: while a majority of doctors are already using AI tools in their practice, very few feel prepared to manage the benefits and risks, and most are operating without formal organizational guidelines.
- The findings highlight a critical opportunity for AI innovators and healthcare leaders to better
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GE HealthCare Integrates Advanced Features with MIM Encore Platform
What You Should Know:
- GE HealthCare announced the combination of its proprietary features and algorithms with MIM Encore, marking a significant milestone in its mission to deliver precision care through advanced digital solutions. This implementation brings powerful new capabilities to healthcare organizations using GE HealthCare systems alongside MIM Software's state-of-the-art platform.
- The integration is based on a single-platform design developed from user input, aimed at
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