Falling into place
Autumn is here, Q4 is near, and our funding and M&A data nerds have no need to fear—we’re hard at work crunching numbers for our quarterly breakdown coming next week. An advance sneak peak: as Q3 wraps up, we’ve already tracked 163 acquisitions of U.S.-based digital health startups so far this year—up from 121 in all of 2024 and 148 in 2023, with a quarter still to go. Last week added to the tally: RevSpring scooped up Kyruus Health to combine patient engagement and payment technology with provider data, search, and scheduling solutions, and Glooko acquired Monarch Medical Technologies to expand its metabolic reach. Deals like these are driving M&A volume to new highs, and some companies are threading them together into tapestries—earlier this month Innovaccer added Story Health, its fourth acquisition in two years, as part of a push to layer on new capabilities.
The surge of consolidation reflects both a search for durable strategies and the reality of some companies exiting under pressure. As we head into Q4, the open question is whether these combinations can turn scale into lasting advantage through stronger distribution, enhanced outcomes, and clearer value for buyers. Stay tuned for the full Q3 funding story next week.
Tomorrow’s the big day! Rock Health Summit kicks off tomorrow afternoon, and you can still join virtually. Get full access to every panel, connect with the entire attendee list, and be part of the conversation—no matter where you are. Register today: www.rockhealthsummit.com
Headlines
Direct-To-Patient Programs Are In The Works At 94% Of Pharmas
Bristol Myers Squibb and AstraZeneca are the latest to launch new offerings FiercePharma
Inside The Relationship Between An EMR Giant And Healthcare’s Hottest AI Startup
Epic’s AI scribe launch leaves open questions about how Abridge will adapt Business Insider
UpToDate Launches Gen AI For Clinical Decision Support
New tool developed with input from 7,600 medical experts and multilayered validation process Newsweek
Hospitals, Doctors Could Lose $32B In Revenue Next Year If ACA Subsidies Expire
Affordability cliff expected to impact 24M enrollees Healthcare Dive
General Catalyst Deal Set To Close October 1st
Acquisition of Summa Health marks the first time a venture capital firm has bought a hospital Axios
Recent Funding
- Employer-focused benefits platform Judi Health locks in $400M
- Thyme Care adds $97M to accelerate its personalized oncology navigation tool suite
- Inspiren picks up $35M to grow its AI-powered senior living services
- AmplifyMD lands $20M to expand its AI-enabled multispecialty virtual care platform
- Moneta Health, an AI-driven cognitive rehabilitation solution, inks $4.5M