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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St. Croix Hospice To Acquire Mayo Clinic Health System Hospice Operations In Northwest & Southwest WisconsinÂ
August 4, 2025St. Croix Hospice and Mayo Clinic Health System (MCHS) entered into a definitive agreement for St. Croix Hospice to acquire MCHS’s hospice operations in Northwest and Southwest Wisconsin. Financial terms were not disclosed. The agreement is subject to regulatory approval.… -
Pennsylvania Multistate Licensure Compacts To Expand Job Opportunities & Cut Red Tape For Physicians, Nurses & Physical Therapists
August 4, 2025Pennsylvania has become a full participant in three multistate licensure compacts that make it easier for physicians, nurses, and physical therapists who are qualified and licensed in other states and are seeking to practice in the Commonwealth to be eligible… -
Ambience Healthcare Raises $243 Million To Scale Its AI Platform For Health SystemsÂ
August 4, 2025Ambience Healthcare, an artificial intelligence (AI) platform, raised $243 million in a Series C round to scale its AI platform for health systems. The round was co-led by Oak HC/FT and Andreessen Horowitz (also known as a16z), with participation from… -
Montana Releases Draft 1115 Demonstration For Medicaid Expansion Work RequirementsÂ
August 4, 2025On July 18, 2025, the Montana Department of Public Health and Human Services (DPHHS) issued a preliminary Section 1115 demonstration proposal seeking approval for work requirements targeting adults enrolled in expanded Medicaid coverage. DPHHS is seeking a five-year approval of… -
Brown University Launches AI Research Institute With $20 Million National Science Foundation GrantÂ
August 4, 2025With a $20 million grant from the U.S. National Science Foundation, Brown University researchers plan to launch an artificial intelligence (AI) research institute aimed at developing a new generation of AI assistants capable of trustworthy, sensitive, and context-aware interactions with… -
Harvard Pilgrim Health Care Partners With Meru Health To Expand Mental Health Support For Youth & Adults
August 1, 2025Harvard Pilgrim Health Care, a Point32Health company, is collaborating with Meru Health, a virtual mental health provider organization, to serve eligible Harvard Pilgrim Care members ages 13 and older. Financial terms of the arrangement were not disclosed. Meru Health… -
New Directions Mental Health Opens Its First Pittsburgh, Pennsylvania LocationÂ
August 1, 2025New Directions Mental Health, a network of outpatient mental health care clinics committed to providing high-quality, accessible care, opened a location in Pittsburgh, Pennsylvania. This clinic is the company’s twelfth in the state and its first in Pittsburgh. The new… -
Slingshot AI Launches Ash, An AI Platform Designed For TherapyÂ
August 1, 2025Slingshot AI launched Ash, an artificial intelligence (AI) platform designed for therapy. The company also announced an extension of its Series A funding co-led by Radical Ventures and Forerunner Ventures, joining previous investors a16z, Felicis, and Menlo. Total capital raised… -
Ohio I/DD Provider Organization I Am Boundless Launches Leadership PodcastÂ
August 1, 2025I Am Boundless, which provides services for people with intellectual/developmental disabilities (I/DD) in Ohio, launched a podcast called The Nonprofit Leaders Guide. The podcast is produced by the team behind the organization’s previous Boundless Abilities podcast and members of the… -
NexPhase Capital Acquires Empower Community CareÂ
July 31, 2025Private equity firm NexPhase Capital, LP (NexPhase) acquired Empower Community Care, which provides a behavioral health enablement platform used worldwide. The platform provides evidence-based services and software to support at-risk youth, families, and communities. Terms of the transaction were not…
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