Somerset Indus Capital Partners Closes Fund III at $288M
Somerset Indus Capital Partners announced the closing of its third fund, Fund III, raising $288 million, surpassing its $250 million target. The fund will focus on healthcare investments in India's Tier II and Tier III markets, with typical investments of $15‑$40 million per company. The capital will enable larger co‑investment opportunities up to $80 million.
Cencora to Acquire EyeSouth Partners' Retina Business for $1.1B
Cencora, Inc. announced it has signed a definitive agreement to acquire the retina business of EyeSouth Partners for $1.1 billion. The acquisition will integrate EyeSouth’s retina physicians into Cencora’s Retina Consultants of America network and is expected to be slightly accretive...
Imbiologics Crosses $1B Market Cap with KOSDAQ Debut
Imbiologics Corp., a biotech focused on antibody drugs for autoimmune diseases, debuted on the KOSDAQ on March 20, 2026, achieving a market capitalization of ₩1.5 trillion (≈$1.02 billion). The listing marks the company's entry into the public market and positions it as...
Novartis Spin‑out Atrium Therapeutics Launches with $270M Funding
Atrium Therapeutics, a spin‑out from Novartis‑owned Avidity Biosciences, has launched as an independent, publicly traded company focused on RNA therapeutics for rare genetic cardiomyopathies. The company secured $270 million in funding and entered a licensing agreement with Novartis for its RNA‑targeting...
Aveanna Healthcare to Acquire Family First Homecare for $175.5M
Aveanna Healthcare Holdings announced a $175.5 million acquisition of Family First Homecare, expanding its pediatric in‑home care footprint across multiple states. The deal, funded with cash and short‑term credit, is expected to close in Q2 2026, adding 27 locations and enhancing Aveanna’s...
Lantern Secures $30M Growth Investment From Morgan Health and Echo Health Ventures
Lantern, a specialty care platform serving over 12 million members, announced a $30 million growth investment led by Morgan Health and Echo Health Ventures. The funding will support expansion across employers and health plans, enhancing its network-of-excellence model and AI-enabled...
Health Universe Raises $6M Seed Round Led by Kleiner Perkins
Health Universe, an AI-enabled healthcare workflow platform, announced a $6 million seed funding round led by Kleiner Perkins, bringing its total capital raised to $9.5 million. The funding will be used to expand marketing, sales, integrations, hiring, and accelerate adoption...
Chartis Acquires Leap AI to Accelerate Healthcare AI Innovation
Chartis, a consulting and advisory firm, announced the acquisition of Leap AI, a generative AI vendor for operating‑room workflows. The deal integrates Leap AI’s technology into Chartis’ new AI studio, aiming to deliver AI‑driven solutions that improve healthcare operations and...
GE HealthCare Completes $2.3B Acquisition of Intelerad
GE HealthCare has completed its acquisition of imaging software provider Intelerad for a base price of $2.3 billion. The deal expands GE’s cloud‑enabled, AI‑powered imaging platform, aiming to simplify radiology workflows and boost recurring revenue. Intelerad’s CEO Jordan Bazinsky said the...
MedArrive Acquires Inbound Health Assets to Expand AI‑Powered Home Care Platform
In‑home care technology company MedArrive announced it has acquired assets from the now‑closed hospital‑at‑home provider Inbound Health. The acquisition enhances MedArrive’s AI‑backed patient navigation capabilities and expands its presence in the hospital‑at‑home market. The deal was disclosed on March 19,...
MultiCare Health System Acquires Former Rite Aid Site in Renton for $7.3M
MultiCare Health System purchased a former Rite Aid retail property in Renton, Washington for $7.3 million. The health system plans to open an emergency center at the 16,800‑square‑foot site with its affiliate Overlake Medical Center. The transaction was reported on March 18, 2026.
Crossbow Therapeutics Raises $77M in Series B Funding
Crossbow Therapeutics announced a $77 million Series B financing co‑led by Taiho Ventures and Arkin BioCapital, with participation from MPM BioImpact, Pfizer Ventures, Polaris Partners and other investors. The capital will fund the development of its TCR‑mimetic antibody candidates, including lead drug...
Kupando Raises €10M in Series A Extension to Advance Innate Immunity Drug
Kupando announced an additional €10 million in Series A financing, bringing its total Series A to €23 million. The round was led by Remiges Ventures and co‑led by LifeCare Partners, with participation from Brandenburg Kapital, High‑Tech Gründerfonds, Ventura Biomed Investors and new investor Carma...
Conduit Health Raises $17M Series A Led by Drive Capital
Conduit Health, a provider of insurance-covered medical supplies, closed a $17 million Series A round led by Drive Capital, bringing its total funding to $22 million. The capital will be used to expand its AI-driven platform and broaden services beyond...
WELLSTAR Acquires PatientSERV and Lambert Médico Factures for $4.8M, Expands Billing Platform to Six Canadian Provinces
WELL Health’s subsidiary WELLSTAR Technologies Corp. completed two acquisitions – PatientSERV Corporation in Ontario and Lambert Médico Factures Inc. in Québec – for a total consideration of about $4.8 million, with up to $6.3 million in future performance payouts. The deals expand...
Nadia Care Raises $12M to Expand Medicaid Maternal Care
Maternal care startup Nadia Care, formerly Cayaba Care, announced it has closed a $12 million funding round to grow its virtual and in‑person Medicaid services after shifting focus away from commercial insurers.
HEARTio Secures $4.25M Seed Funding to Advance AI ECG Platform
HEARTio, an AI healthcare diagnostics startup, closed a $4.25 million seed round backed by Intelligence Ventures, Audacious Capital, VU Venture Partners, LifeX and Bessel. The capital will fund a pivotal study and support FDA clearance for its ECGio platform that predicts...
AstraZeneca Acquires FibroGen China From Kyntra Bio
Kyntra Bio completed the sale of its FibroGen China assets to AstraZeneca, enabling repayment of its senior secured term loan and extending its cash runway. The transaction was announced during Kyntra Bio's Q4 2025 earnings call on March 16, 2026.
Perspective Therapeutics Raises $164M in February 2026 Equity Offering
Perspective Therapeutics announced the completion of a February 2026 equity offering that raised approximately $164 million in net proceeds. The offering involved the issuance of 39.6 million shares and pre‑funded warrants for 6.6 million shares, boosting the company's cash position to about $145 million...
Clene Inc Raises over $28M in Oversubscribed Registered Direct Offering
Clene Inc announced it raised more than $28 million through an oversubscribed registered direct offering, boosting its cash balance to $5.2 million as of Dec. 31, 2025 and supporting operations into 2027. The fundraising was disclosed in the company's full‑year...
OncoRes Medical Raises $19M in Private Funding Round
Perth‑based OncoRes Medical announced it raised A$27 million ($19 million) in a private funding round to advance clinical development and regulatory milestones for its Elora quantitative micro‑elastography imaging system for breast‑cancer surgery. The capital will support trials across six hospitals in Western...
Medisolv Announces Acquisition of Lilac Software
Medisolv, a national leader in healthcare quality data management, announced the acquisition of Lilac Software, an AI‑driven predictive analytics firm. The deal expands Medisolv’s capabilities into claims‑based quality measurement and AI‑powered predictive insights for value‑based care. The acquisition was announced...
Hims & Hers to Acquire Eucalyptus in $1.15B Deal
Hims & Hers announced the acquisition of Eucalyptus for $1.15 billion, a move highlighted in the Debunked Podcast. The deal expands Hims & Hers’ portfolio in the healthcare sector.
Malama Health Closes $9.2M Seed Round Led by Acumen America
Malama Health, a Medicaid‑first maternal health platform, closed a $9.2 million seed round led by Acumen America, with participation from Wisdom Ventures, Capital F and Coyote Ventures, as well as angel investors. The round also includes a $2.3 million NIH grant and over...
HouseWorks Holdings Acquires A Caring Experience
HouseWorks Holdings, a home care provider based in Woburn, Massachusetts, has completed the acquisition of Rhode Island‑based A Caring Experience, expanding its New England footprint. The deal marks HouseWorks' first acquisition in Rhode Island and its twelfth transaction since 2022....
VNA of Texas Acquires Assets of Faith Presbyterian Hospice
Visiting Nurse Association of Texas (VNA) completed an asset purchase of Faith Presbyterian Hospice, a subsidiary of Forefront Living, taking over its patients, staff, and operations. The deal expands VNA’s hospice footprint in North Texas, making it the largest nonprofit...
GV Leads $27M Series A Funding for Translucent, AI Healthcare Finance Platform
Translucent, an AI platform for healthcare finance, closed a $27 million Series A round led by GV, the venture arm of Google. The round also saw participation from NEA, Virtue, and FPV Ventures. The funding will accelerate product development and...
Nitra Raises $50M Series B to Expand AI-Driven Healthcare Back-Office Platform
Nitra, an AI-native operating platform for medical practices, announced a $50 million Series B funding round on Tuesday, bringing its total capital raised to $205 million. The round will support scaling its platform, which now processes over $1 billion in...
MindImmune Therapeutics Secures $5M Funding From ADDF for Alzheimer’s Immunotherapy
Cambridge‑based biotech MindImmune Therapeutics announced a $5 million investment from the Alzheimer’s Drug Discovery Foundation to advance its lead candidate MITI‑101, an antibody targeting peripheral immune pathways in Alzheimer’s disease. The funding will support IND‑enabling studies and early‑stage clinical development, building...
Nuwellis, Inc. Announces Agreement to Acquire RendiAtek
Nuwellis, Inc. disclosed an agreement to acquire RendiAtek during its Q4 2025 earnings call on March 10, 2026. The acquisition aims to expand Nuwellis' portfolio with real-time kidney health monitoring technology. Deal terms were not disclosed.
Residential Home Health and Hospice Acquires Covenant Home Health
Residential Home Health and Hospice, an affiliate of Graham Healthcare Group, announced the acquisition of Covenant Home Health in Pennsylvania for an undisclosed amount. The deal expands Residential’s footprint into two new counties and adds density in seven others, strengthening...
BV Investment Invests in Clinical Data Exchange Platform Moxe Health
BV Investment has made an investment in Moxe Health, a platform that enables secure and automated exchange of clinical data between healthcare providers and health plans. Deal details, including amount and round type, were not disclosed.
AdventHealth Invests $60M in AI Virtual‑care Startup hellocare.ai
AdventHealth announced a $60 million corporate investment in AI‑assisted virtual‑care platform hellocare.ai. The partnership will roll out the solution across AdventHealth’s network of more than 13,000 inpatient and emergency‑department beds to improve monitoring and clinician support. The deal was disclosed during...
Community Health Systems Sells Four Arkansas Hospitals to Freeman Health System for $112 Million
Community Health Systems (CHS) announced the sale of four Arkansas hospitals to Freeman Health System for $112 million. The transaction is slated to close in the second quarter of 2026, with a target closing date of June 1. This marks Freeman’s first...
Universal Health Services Acquires Talkspace for $835M
Universal Health Services, a hospital and mental health facilities operator, announced the acquisition of virtual mental health platform Talkspace for $835 million, marking a significant consolidation in the mental health sector.
Agilent to Acquire Biocare Medical for $950 Million
Life sciences firm Agilent Technologies announced it will acquire privately held clinical pathology company Biocare Medical in an all‑cash transaction valued at $950 million. The deal, backed by Excellere Partners and GHO Capital Partners, is expected to close by Q4 2026.
Maimonides Medical Center Merger with NYC Health + Hospitals Faces Lawsuit
A patient navigation nonprofit and Orthodox Jewish congregations filed a lawsuit to block the planned merger of Maimonides Medical Center with New York City Health + Hospitals, a transaction backed by $2.2 billion in state grants and slated to close on...
Guideway Care Acquires Waypoint Healthcare Solutions to Bridge EHR Execution Gap
Guideway Care, a patient activation specialist, announced the acquisition of Waypoint Healthcare Solutions, integrating its AI‑driven virtual agent tools and team. The deal aims to close the execution gap in electronic health record workflows and improve revenue cycle outcomes.
Servier to Acquire Day One Biopharmaceuticals for $2.5B
French pharmaceutical group Servier announced a $2.5 billion all‑cash acquisition of U.S. biopharma Day One Biopharmaceuticals. The tender offer at $21.5 per share represents a 68.23% premium and is expected to close in Q2 2026.
Kuva Labs to Acquire Lisata Therapeutics for $21.38M
Kuva Labs Inc. announced a merger agreement to acquire Lisata Therapeutics Inc. for $21.38 million, offering $5 per share in cash plus a contingent value right. The transaction is expected to close in the second quarter of 2026.
Liberty Home Care & Hospice to Acquire ECU Health’s Home Health and Hospice Division
Liberty Home Care and Hospice announced it will acquire ECU Health’s home health and hospice division, which includes four home health offices, three hospice locations, and a hospice house in eastern North Carolina. The transaction terms were not disclosed and...
Cognito Therapeutics Secures $105M Series C to Advance At‑Home Alzheimer’s Therapy
Cognito Therapeutics announced the closing of an oversubscribed $105 million Series C round led by Morningside Ventures, IAG Capital Partners and Starbloom Capital, with participation from Apollo Health Ventures and Benvolio Group. The funding will support a pivotal data readout, regulatory filing...
Health Recovery Solutions Acquires Rimidi to Expand Chronic Care Management
Health Recovery Solutions (HRS) announced the acquisition of Rimidi, an Atlanta‑based chronic disease management firm, to broaden its remote patient monitoring and longitudinal care capabilities. The deal, disclosed on March 5, 2026, integrates Rimidi’s CGM data platform into HRS’s enterprise...
ASPR Invests in Antheia, Inc. To Boost Domestic Thebaine Production
The Administration for Strategic Preparedness and Response (ASPR) announced on March 5 that it will invest in Antheia, Inc., a Menlo Park‑based company, to produce thebaine domestically for pain management and opioid‑overdose reversal medications. The funding aims to reduce reliance on foreign...
Excelsior Care Group Acquires Union Plaza Care Center for $75M
Excelsior Care Group, a New York‑New Jersey rehabilitation and elder‑care network, has completed the acquisition of the 280‑bed Union Plaza Care Center in Flushing, Queens for $75 million. The nursing home was purchased from Marx Development, the previous owner, according to...
Merck Exercises Option to License Evaxion's EVX‑B3 Infectious Disease Vaccine Candidate
Merck (MSD) exercised its option to acquire the EVX‑B3 infectious disease program from Evaxion A/S, marking the company's first in‑licensing of an AI‑discovered vaccine candidate. The agreement was announced during Evaxion's Q4 2025 earnings call.
Sage Raises $65M Series C Funding Led by Goldman Sachs Alternatives
Sage, an integrated care platform for senior living and skilled nursing, announced a $65 million Series C round led by Growth Equity at Goldman Sachs Alternatives, bringing its total capital to $124 million. The funding will be used to expand its AI-driven predictive...
Kinderhook Industries to Acquire Enhabit Inc. For $1.1B
Private equity firm Kinderhook Industries has entered into an agreement to acquire Enhabit Inc., a Dallas‑based home health and hospice provider, for $1.1 billion in cash. The transaction, pending stockholder and regulatory approvals, is expected to close in the second quarter...
UnityAI Closes $8.5M Series A Funding Round
UnityAI, a Nashville‑based provider of agentic AI for healthcare, closed a $8.5 million Series A round, bringing its total funding to $15 million. The round was led by Third Prime with participation from Whistler Capital Partners, Nashville Capital Network, Company Ventures, Max Ventures...
Ontario Government Guarantees $250M to Boost Medical Isotope Production with Bruce Power and Saugeen Ojibway Nation
The Ontario government announced a $250 million provincial guarantee through the Indigenous Opportunities Financing Program to support a partnership between Bruce Power and the Saugeen Ojibway Nation aimed at expanding medical isotope production. The financing will help double isotope output by...