Market Watch
A snapshot of what’s happening across the industry—a one-stop source for key developments across policy and regulatory changes, service and treatment innovations, technological advancements, industry recognition and accreditation, mergers and acquisitions, leadership shifts, and more.
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LG Launches New Digital Health Venture, ReliefAI Health, To Tackle Critical Challenges Of Mental Health
December 9, 2025LG Electronics, USA (LG) announced the launch of ReliefAI Health, a connected-care company. The goal is to enhance the client experience, reduce early patient drop-out rates, and improve communications between mental health practitioners and their clients. ReliefAI Health is built… -
Talkspace Awarded Sourcewell Cooperative Purchasing Contract Renewal For Virtual Behavioral Health Therapy & Related Services
December 9, 2025Talkspace, which provides online behavioral health care, was awarded a renewal of its Sourcewell cooperative purchasing contract in the Virtual Behavioral Health Therapy and Related Services category. Sourcewell, a self-funded governmental organization established in 1978, facilitates a cooperative purchasing program… -
Presbyterian Homes & Services Selects K4Connect To Advance Digital Integration Strategy Across Its Senior Living Communities
December 9, 2025K4Connect, which provides technology solutions for senior living communities, announced Presbyterian Homes & Services (PHS) selected K4Connect’s FusionOS for data and artificial intelligence (AI) to improve efficiency, care, and innovation across its 60 senior living communities. Minnesota-based PHS provides senior… -
Northwell Health & K Health Launch AI-Powered Virtual Primary Care Platform
December 9, 2025Northwell Health and K Health announced a collaboration on a virtual care platform to transform the delivery of primary care services across New York. The virtual care platform, Northwell Primary Care Now, will be powered by K Health’s clinical-grade artificial… -
Behavioral Health Urgent Care Opening In Canton, Ohio
December 9, 2025Coleman Health Services and Stark County Mental Health & Addiction Recovery (StarkMHAR) are opening a behavioral health urgent care center in Canton, Ohio, according to a recent news report. Construction is expected to be completed in fall 2026. The urgent… -
Brook.ai Secures $28 Million In Series B Funding To Accelerate Next Phase Of Growth & Innovation In Remote Care
December 9, 2025Brook.ai announced a new investment led by UMass Memorial Health and Morningside, accelerating Brook’s national expansion through a $28 million Series B to further its equitable, accessible care model. The Series B funding will be used to: Expand services for… -
Reema Health Raises $19 Million To Expand Its Medicaid Member Engagement Services
December 9, 2025Reema Health, a health care engagement platform, announced $19 million in Series B funding from LRVHealth and Optum Ventures. This investment will enable Reema to expand its footprint with health plans and its portfolio of offerings proven to boost member… -
Sage Care Procures $20 Million In Funding For An AI-Powered Care Navigation System
December 9, 2025Sage Care, a platform designed to eliminate health care navigation inefficiencies through a combination of clinically intelligent artificial intelligence (AI) agents and advanced optimization algorithms, announced its public launch with $20 million in funding led by Yosemite. Sage Care’s platform… -
CVS Pharmacy Completes Acquisition Of Select Rite Aid Assets Nationwide
December 9, 2025CVS Pharmacy announced the completion of its acquisition of select Rite Aid assets nationwide. In total, the company acquired and is now operating 63 former Rite Aid and Bartell Drugs stores in Idaho, Oregon, and Washington. CVS Pharmacy also acquired… -
Allegheny Health Network & Heritage Valley Health System Sign Affiliation Agreement
December 9, 2025Officials from Heritage Valley Health System (HVHS), the Heritage Valley Health System Foundation, Highmark Health, and Allegheny Health Network (AHN) announced the signing of an affiliation agreement that will strengthen and expand the services that HVHS provides to residents in…
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