UPMC Enterprises has invested in a series A funding round for RAAPID, an AI startup focused on risk adjustment and medical coding that is also backed by Microsoft venture fund M12. RAAPID’s AI platform links diagnoses to clinical evidence from…
Academic Medical Centers
NYU Langone Hospital-Brooklyn boasts one of the lowest mortality rates across both the borough and nationwide. But that wasn’t always the case. When New York City-based NYU Langone Health acquired what was then known as Lutheran Medical Center in 2016,…
Farmington, Conn.-based UConn Health’s March 1 acquisition of Waterbury (Conn.) Hospital from Los Angeles-based Prospect Medical Holdings will be supported by $148 million in bond anticipation notes as part of the University of Connecticut’s broader $582 million bond sale. The…
Duke University and Duke University Health System, both based in Durham, N.C., are launching a $203 million initiative aimed at increasing local hiring and expanding second-chance employment across the Durham and Triangle region, according to a March 18 news release.…
Los Angeles-based Cedars-Sinai has acquired the Beverly Connection shopping center for $270 million as it aims to expand its footprint and plan for future healthcare delivery in the region. Four things to know: 1. The roughly 10-acre retail complex sits…
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New York City-based Mount Sinai released a 34-minute podcast on March 13, detailing the health system’s contracting dispute with Anthem. “At Thanksgiving, [Anthem] inexplicably just said, ‘We are not doing anything we agreed to, and we’re not talking to you…
There’s a seductive logic in healthcare that says you can grow your way out of almost any problem. Build a new program, launch a new service line, put up a new building. Momentum, the theory goes, creates its own return…
Northwestern Medicine and Techstars have selected five startups for the 2026 class of their healthcare accelerator program. The early-stage companies will participate in a 13-week, mentorship-driven program hosted at Northwestern Medicine’s Mansueto Innovation Institute in Chicago, according to a March…
As health system acquisition activity crawls back toward pre-pandemic levels, CEOs are turning their focus to what comes next: integrating newly acquired hospitals without disrupting care, culture or community trust. As large systems continue to grow — with 10 hospital…
In 2026, consolidation is a common reality across industries, from education and healthcare to law and finance. While there will always be interesting new start-ups, smaller institutions — such as colleges, companies, law firms and hospitals — are increasingly becoming…