Pain management startup Sword Health expands into mental health, raises $40 million

Pain management startup Sword Health expands into mental health, raises  million

Sword Health, a startup focused on helping people deal with pain through digital services, is expanding into mental health and has raised additional capital to fuel its growth. The 10-year-old company is introducing Mind, which uses a combination of artificial intelligence, hardware and human mental health professionals to treat patients with mild depression and anxiety. … Read more

Anne Wojcicki to buy back 23andMe and its data for $305 million

Anne Wojcicki to buy back 23andMe and its data for 5 million

23andMe founder Anne Wojcicki speaks during a House Committee on Oversight and Government Reform hearing in Washington, D.C., on June 10, 2025. Andrew Harnik | Getty Images Anne Wojcicki, the co-founder and former CEO of 23andMe, has regained control over the embattled genetic testing company after her new nonprofit, TTAM Research Institute, outbid Regeneron Pharmaceuticals, … Read more

Omada Health prices IPO at $19 per share, in middle of expected range

Omada Health prices IPO at  per share, in middle of expected range

Omada Health virtual health program. Courtesy: Omada Health Omada Health priced its IPO at $19 per share on Thursday, in the middle of the expected range. The virtual chronic care company said in a press release that 7.9 million shares are being sold in the offering, amounting to $150 million. Omada, founded in 2012, will … Read more

Neuralink competitor Paradromics completes first human implant

Neuralink competitor Paradromics completes first human implant

Dr. Matthew Willsey working in the operating room. Courtesy of the University of Michigan Neurotech startup Paradromics on Monday announced it has implanted its brain-computer interface in a human for the first time.  The procedure took place May 14 at the University of Michigan with a patient who was already undergoing neurosurgery to treat epilepsy. … Read more

Omada Health aims to go public with market cap of up to $1.1 billion

Omada Health aims to go public with market cap of up to .1 billion

Omada Health smart devices in use. Courtesy: Omada Health Omada Health plans to raise up to $158 million in its up coming IPO, attaining a market cap of about $1.1 billion at the top end of its expected range, according to a filing on Thursday. The virtual chronic care company filed its prospectus earlier this … Read more

Ambience announces OpenAI-powered medical coding model that outperforms physicians

Ambience announces OpenAI-powered medical coding model that outperforms physicians

Dr. Priti Patel, CMIO at John Muir Health, uses Ambience before starting a patient encounter. Courtesy of Ambience Healthcare Artificial intelligence startup Ambience Healthcare on Tuesday announced a new medical coding model that outperforms doctors by 27%. Ambience uses AI to draft clinical notes in real-time as doctors consensually record their visits with patients. The … Read more

Hinge Health opens at $39.25 per share after pricing IPO at top end of range

Hinge Health opens at .25 per share after pricing IPO at top end of range

Hinge Health signage outside the New York Stock Exchange (NYSE) during the company’s initial public offering (IPO) in New York, US, on Thursday, May 21, 2025. Michael Nagle | Bloomberg | Getty Images Shares of Hinge Health popped in their debut on the New York Stock Exchange on Thursday after the digital physical therapy company raised … Read more

Regeneron Pharmaceuticals to buy 23andMe and its data for $256 million

Regeneron Pharmaceuticals to buy 23andMe and its data for 6 million

A view of the 23andMe headquarters in Sunnyvale, California, on March 25, 2025. Tayfun Coskun | Anadolu | Getty Images Regeneron Pharmaceuticals on Monday announced it will acquire “substantially all” of 23andMe’s assets for $256 million. The drugmaker participated in a bankruptcy auction for 23andMe, a once high-flying genetic testing company that filed for for … Read more

Epic Systems sued by CureIS Healthcare for alleged ‘scheme to destroy’ its business

Epic Systems sued by CureIS Healthcare for alleged ‘scheme to destroy’ its business

A sign that reads “Epic Intergalactic Headquarters” on campus. Epic Systems CureIS Healthcare, a managed care services company, filed a civil lawsuit against Epic Systems on Monday night, alleging the electronic health record, or EHR, giant has carried out a “multi-prong scheme to destroy” CureIS’ business. CureIS offers technology and managed services for government programs, … Read more

Virtual chronic care company Omada Health files for IPO

Virtual chronic care company Omada Health files for IPO

Omada Health smart devices in use. Courtesy: Omada Health Virtual care company Omada Health filed for an IPO on Friday, the latest digital health company that’s signaled its intent to hit the public markets despite a turbulent economy. Founded in 2012, Omada offers virtual care programs to support patients with chronic conditions like prediabetes, diabetes … Read more