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Investments
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Amazon Moves into Healthcare Generative AI with $4B Investment
The move ups the competition in the healthcare generative AI space. Microsoft has reportedly invested $13 billion in OpenAI, the maker of ChatGPT, and subsequently partnered with Epic and health systems to draft patient portal messages for clinicians.
Texas Offering $4.5M for Rural Emergency Hospitals
The rural emergency hospital designation — which took effect Jan. 1 — aims to curb rural hospital closures by offering them a chance to close infrequently used inpatient beds and focus on outpatient and emergency department services.
Boone (WV) Memorial Hospital Receives Additional Funding to Construct New Wellness Center
An additional $3 million is coming from the U.S Department of Health and Human Services.
KKR-Backed BrightSpring Reportedly Reviving IPO to Seek $1B
BrightSpring Health Services withdrew a $750 million IPO last year.
Mount Sinai Receives $6.2M Grant
Funding comes from the Steven & Alexandra Cohen Foundation.
Baystate Health Launches $70M Fundraise
Money raised through the campaign, “Healthier Tomorrows: The Campaign for Baystate Health,” will assist the organization in three areas: capital needs, programming and endowment development.
OhioHealth Receives $1M Gift for Mobile Health Services
The investment will allow for the operations of Wellness on Wheels Primary Care to remain as a community hub, connecting patients to a medical home regardless of their ability to pay and advancing health equity.
Sonoma Valley Hospital Granted $3.1M No-Interest Government Loan
Sonoma Valley Hospital is one of 17 hospitals in the state and the only one in the North Bay chosen to receive millions of dollars in a no-interest loan under a new state program designed to help financially struggling hospitals.
Comvest Credit Partners Provides Debt Financing to HighFive Healthcare for Expansion Strategy
Founded in 2018, HighFive focuses on the acquisition and development of endodontic and oral surgery practices in the southeastern United States.
Digital Transformation Opportunities Wins Approval for American Oncology Network Merger
When announced in October 2022, the deal had a pro forma enterprise value of approximately $500 million.