What You Should Know
The number of hospitals impacted by EHR purchase decisions dropped 40% compared to 2024 and nearly 50% compared to 2023, according to a new KLAS 2026 EMR Market Share report.Shift to AI: Health systems redirected capital toward technologies with immediate financial returns, specifically AI and operational efficiency solutions, rather than core EHR upgrades.Epic Dominance: Epic was the only vendor selected by large health systems (>10 hospitals) in 2025 and added 77
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Roche Acquires PathAI to Automate Cancer Diagnostics in $1B Deal
What You Should Know
Global healthcare leader Roche has entered into a definitive merger agreement to acquire US-based digital pathology pioneer PathAI for an upfront purchase price of $750M, with up to $300M in additional milestone payments.The acquisition marks the culmination of a deep strategic partnership first established between the two companies in 2021 and expanded in 2024 to co-develop AI-enabled companion diagnostic algorithms.PathAI’s flagship AISight Image Management System (IMS)
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Aidoc Secures $150M to Accelerate Enterprise-Scale Clinical AI Across 2,000 Hospitals
What You Should Know
Aidoc has raised $150M in Series E funding, led by Growth Equity at Goldman Sachs Alternatives, bringing its total funding to over $500M. The round included participation from General Catalyst, SoftBank Investment Advisors, and NVentures (NVIDIA's venture capital arm).Capital will be used to further develop Aidoc's CARE™ clinical foundation model and its aiOS™ enterprise platform.The company currently analyzes more than 60 million patient cases annually and is deployed
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OpenAI Launches ChatGPT for Clinicians: Free AI Documentation and Research Tool for Verified Physicians
What You Should Know
ChatGPT for Clinicians is a new, free version of ChatGPT designed specifically for verified physicians, NPs, PAs, and pharmacists in the U.S. to support documentation, research, and care consults.The platform utilizes GPT-5.4, which currently outperforms human physicians, base GPT-5.4, and major external models on the new HealthBench Professional benchmark.Key features include trusted clinical search with real-time citations from peer-reviewed sources, automated CME
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IKS Health Acquires TruBridge for Rural EHR and RCM Solutions Expansion
What You Should Know
IKS Health will acquire TruBridge for $26.25 per share (up to $565M) in an all-cash transaction, with the deal expected to close in the third calendar quarter of 2026.The combined organization will support over 2,000 healthcare organizations and more than 150,000 clinicians across the ambulatory and acute care continuum.The acquisition integrates TruBridge’s Electronic Health Record (EHR) and Revenue Cycle Management (RCM) solutions with IKS Health’s agentic AI care
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Why UT Austin is Building an ‘AI-Native’ Hospital from Scratch
What You Should Know
The Launch: The University of Texas at Austin has announced the UT Dell Medical Center, a comprehensive, "tech-native" academic medical center slated to open in 2030.The MD Anderson Integration: Central to the facility's clinical strategy is a unique collaboration with UT MD Anderson Cancer Center, which will be fully integrated into the Austin campus to deliver elite, coordinated care for complex conditions.The "Greenfield" Tech Stack: Because the hospital is being built
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The Casino Model: Why Medtech VCs Are Betting Billions on Unproven AI
Last week I ended up at a fancy venue hired by a hopeful medtech company trying to impress potential investors with delicious food and an emotional story about their life-saving device. Pitching has become performance art. Founders deliver sharp decks, polished demos, bold promises of “AI-powered transformation,” impressive market sizes, and superior outcomes. What all these startups usually have in common is a near-fanatical belief in the importance, capabilities, and value of their product -
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Oracle Lays Off 539 Kansas City Employees as Focus Shifts to AI Data Centers
What You Should Know
The Local Impact: Oracle is permanently eliminating 539 roles at its Kansas City campus—the former Cerner headquarters. Affected employees were notified in late March, with formal separation dates scheduled between May 26 and June 1.The Roles: The cuts heavily impact the operational core of the business, including software developers, system analysts, program managers, IT, and consulting positions. Affected employees do not have "bumping rights" to displace other workers
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HHS Reverses 2024 Tech Reorganization: Why HHS Just Stripped AI and Cyber Operations Out of the ONC
What You Should Know
The Reversal: The Department of Health and Human Services (HHS) is officially reversing a controversial 2024 reorganization that consolidated major enterprise technology roles under the Office of the National Coordinator for Health IT (ONC).The Name Change: The 2024 initiative dually titled the ONC as the Assistant Secretary for Technology Policy/Office of the National Coordinator for Health IT (ASTP/ONC). That dual title is dead. The office returns to its original,
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Insilico Medicine and Eli Lilly Form $2.75B AI Drug Discovery Collaboration
Insilico Medicine and Eli Lilly Announce $2.75B AI Drug Discovery Collaboration
- Drug Discovery Collaboration: Insilico Medicine, an AI-native clinical-stage biotech, has signed a massive drug discovery collaboration with pharma giant Eli Lilly.
- The Financials: The deal is structured with a highly lucrative $115M upfront payment to Insilico. With development, regulatory, and commercial milestones, the total deal value could reach $2.75 billion, plus tiered royalties on future
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