Luma Health announced that it will be acquiring Tonic Health from R1 RCM, Inc. for an undisclosed price.
Tonic Health is a leading provider in dynamic intake, e-consents and patient-reported outcomes. It offers a mobile-first platform that streamlines patient data collection and engagement throughout the care journey.
Founded in 2015, Luma Health is an AI-native patient success platform designed to streamline the patient journey by automating scheduling, care coordination, intake and follow-up processes. It is aimed at reducing staff workload and enabling faster access to care for providers and patients alike. Headquartered in San Francisco and with research and development centers in the United States, Brazil and Europe, Luma serves more than 1,000 healthcare organizations in the United States, Canada, the United Kingdom and the Caribbean. Luma supports the care journeys of more than 100 million patients.
Luma’s most prominent investor has been FTV Capital. In a 2021 Series C funding round, FTV Capital led an investment of $130 million, bringing the company’s total funding to $160 million at that time.
The deal boosts Luma’s Oracle Health electronic health record integration for automated patient readiness, cuts manual staff tasks during shortages and aids growth in Canada, the United Kingdom and the Caribbean. As Luma CTO Aditya Bansod stated in the original deal press release, the combined team will “dramatically reduce the effort to successfully coordinate care,” paving the way for AI innovations in 2026.
According to data in the LevinPro HC database, this transaction marks the 270th eHealth acquisition of 2025, and the 42nd in the patient engagement specialty. Patient engagement is the fourth most active eHealth specialty of the year, making up nearly 16% of all eHealth deals announced since January. There were 33 patient engagement acquisitions announced in 2024, and 17 announced in 2023.
