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

Founders of Amazon’s PillPack launch health-care marketplace startup General Medicine

Founders of Amazon’s PillPack launch health-care marketplace startup General Medicine

General Medicine founders TJ Parker, Ashwin Muralidharan and Elliot Cohen. General Medicine After selling online pharmacy PillPack to Amazon seven years ago, the founding team is launching a new company that aims to make the experience of getting medical care “as easy as shopping online.” PillPack founders TJ Parker and Elliot Cohen on Thursday launched a … 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

When 20,000 devices were paralyzed by a bad update, a Georgia health system turned to Apple

When 20,000 devices were paralyzed by a bad update, a Georgia health system turned to Apple

A customer carries an Apple MacBook Pro laptop outside an Apple store in Walnut Creek, California, US, on Wednesday, April 30, 2025. David Paul Morris | Bloomberg | Getty Images Apple devices will power a hospital in Georgia, a first for the company as it continues its push into the health-care sector.  Emory Healthcare on … Read more

Hinge Health prices IPO at $32, the top end of expected range

Hinge Health prices IPO at , the top end of expected range

Hinge Health’s TrueMotion feature. Courtesy: Hinge Health Hinge Health priced its IPO at $32 per share on Wednesday, at the top end of the expected range. The digital physical therapy startup sold 8.52 million shares in the offering, raising about $273 million. The total offering was for 13.7 million shares, with the balance being sold … 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

Hinge Health aims to raise up to $437 million in IPO, pricing at $28 to $32 per share

Hinge Health aims to raise up to 7 million in IPO, pricing at  to  per share

Hinge Health co-founders Gabriel Mecklenburg (left) and Daniel Perez (right). Courtesy of Hinge Health Hinge Health said in a filing on Tuesday that it plans to raise up to $437 million in its upcoming initial public offering. The digital physical therapy startup filed its initial prospectus in March, and it updated the document with an expected … 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

These 6 portfolio names pledged big U.S. investments since Trump took office again

These 6 portfolio names pledged big U.S. investments since Trump took office again

Many of the biggest U.S. companies have pledged to invest trillions of dollars in the United States since President Donald Trump started his second term — including six names in our portfolio. These moves are aimed at aligning companies with the president’s vision for a new global trade order designed to bring manufacturing jobs back … Read more