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R1 RCM to Acquire Leading AI Platform Phare Health
On October 14, R1 RCM announced that it has entered into an agreement to acquire Phare Health for an undisclosed price. Phare Health is a healthcare technology company building AI-native solutions for inpatient coding and clinical documentation improvement. Founded in 2023 by a group of healthcare and AI leaders, Phare Health seeks to make healthcare reimbursement fair, transparent and effortless. The company is funded by General Catalyst. Founded in 2003, R1 RCM is an American revenue cycle management (RCM) company servicing hospitals, health systems and physician groups across the United States. The company was jointly acquired by TowerBrook Capital Partners and Clayton, Dubilier &... Read More »
Shofner Capital Partners Makes Strategic Growth Investment in PtEverywhere
On October 7, PtEverywhere announced a strategic growth investment from Shofner Capital Partners and the appointment of Andrew Shofner as Chief Executive Officer. Financial terms of the deal were not disclosed. Shofner joins full-time to guide the company’s next phase of growth, focused on expanding the leadership team, advancing product innovation and scaling nationwide adoption. Previously, Mr. Shofner was the Founder and Managing Partner at Shofner Capital Partners. PtEverywhere is an all-in-one practice management platform built specifically for rehab therapy clinics. Designed by clinicians, the platform integrates scheduling, documentation, billing, telehealth, messaging... Read More »
Talkspace Buys Patient Engagement Company Wisdo Health
Talkspace announced on October 6 the acquisition of New York City-based Wisdo Health. Wisdo Health is a clinically proven, AI-powered peer support and social health platform designed to improve mental and physical health outcomes, increase engagement and lower medical costs. Wisdo provides 24/7 support from trained peers with shared lived experience, precision-matched communities, group coaching, monthly check-ins and seamless referrals to therapy as well as other clinical and non-clinical resources. Talkspace is a subscription-based online platform offering therapy and psychiatry services via video, phone or messaging to individuals aged 13 and older. The platform provides individual,... Read More »
Smarter Technologies Buys Pieces Technologies and Launches SmarterNotes
On September 30, Smarter Technologies announced the acquisition of Pieces Technologies and the launch of SmarterNotes for an undisclosed price. SmarterNotes is the first and only clinical AI solution that fully integrates streamlined note generation with concurrent revenue cycle intelligence. SmarterNotes captures all the meaningful data from the patient record, not just voice, ensuring every note is accurate, compliant and optimized for reimbursement from the start. Pieces Technologies is a physician-led AI company focused on improving care delivery through automation. Its flagship product, the Pieces Intelligence Platform, delivers AI-generated documentation and clinical summaries to... Read More »
ChiroHD Acquires Patient Engagement Companies SKED and Spark
ChiroHD has announced the acquisitions of two patient engagement companies for chiropractors: SKED and Spark. Financial terms of the deal were not disclosed. Founded by Dr. Erik Kowalke out of a family practice, SKED has become a leading communication and automation platform for chiropractors. Designed by chiropractors for chiropractors, SKED simplifies patient scheduling, reminders and digital intake while reducing front desk chaos. Spark is an AI-powered patient engagement solution for chiropractors. From converting website visitors with an AI chatbot to reactivating patients who’ve drifted away, Spark extends a doctor’s impact and strengthens long-term outcomes. ChiroHD is a... Read More »Schedule a demo
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