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
Health IT | News, Analysis, Insights - HIT Consultant
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
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
Sollis Health Decennial Report Decodes the Hidden Cost of Healthcare Waiting Rooms
What You Should Know
Concierge immediate and urgent care network Sollis Health published a comprehensive decade-long trend study, The Real Cost of Healthcare for Americans, that synthesizes national health economics research with ten years of proprietary internal patient utilization data.Quantifies the macroeconomic "Time Tax" across U.S. healthcare delivery: travel and waiting times alone cost American patients and employers an estimated $89 billion in lost economic value annually.Evaluates
Read More
Kontakt.io Releases Guide to Implementing AI in Healthcare Operations: Predictive Models vs. LLM Hallucinations
What You Should Know
Indoor IoT and healthcare ambient intelligence provider Kontakt.io released an enterprise strategy whitepaper titled The Ultimate Guide to Implementing AI in Healthcare Operations, analyzing real-world implementations, 20+ peer-reviewed studies, and operational telemetry from more than 100 hospital deployments.Documents an adoption paradox across health system IT: while 65% of U.S. hospitals currently utilize predictive AI models (predominantly supplied by incumbent EHR
Read More
From Members to Ecosystems: How Medical Societies Can Steward Specialty Data in the Age of AI
Medical societies hold one of the most valuable and underappreciated assets in healthcare today: specialty clinical data.
Through years of quality reporting, education, and clinical collaboration, many have developed longitudinal, clinically grounded registries that reflect real-world practice. As demand for real-world evidence grows and new analytical capabilities emerge, these datasets are becoming more valuable and increasingly sought after.
Medical societies now face a clear and
Read More
EliseAI Secures $350M to Scale Agentic Workflows Across Healthcare Operations
What You Should Know
Workflow automation company EliseAI announced that it has raised $350M in new financing at a $4B valuation to deepen its operational automation platform across the housing and healthcare industries.The financing was co-led by Andreessen Horowitz (a16z) and Bessemer Venture Partners, with participation from major institutional and growth investors including Ontario Teachers' Pension Plan, Sapphire Ventures, and Navitas Capital.EliseAI’s platform currently powers one in six
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
