News 5/14/25
Top News
Digital musculoskeletal care company Hinge Health hopes to raise $437 million in its upcoming IPO for a valuation of $3 billion. The company had attained a $6 billion valuation in 2021 when it announced a $600 million Series E round of funding.
Hinge Health, which works with employers and health plans, has raised over $1 billion since launching in 2014.
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Acquisitions, Funding, Business, and Stock
Complement 1 launches with $16 million in seed funding. The company has developed a digital lifestyle modification and personalized coaching app for cancer patients.
Patient intake software vendor Certify Health announces an undisclosed amount of Series A funding from ABS Capital Partners.
Behavioral health CRM, billing, and business intelligence software company Dazos raises $25 million in Series A funding.
People
LifeStance Health names Vaughn Paunovich (Amwell) CTO.
Announcements and Implementations
Clear View Behavioral Health Services (CA) and Charis Counseling (WI) implement ProsperityEHR’s software. ProsperityEHR launched in March and seems to be the new iteration of TheraManager and DocuTrac, which merged in 2017 and were acquired by Renaissance Holdings in 2022.
OhMD announces GA of Nia, an AI voice assistant that handles routine patient calls and flags those that are more sensitive for further staff review.
Government and Politics
The Center for Medicare and Medicaid Innovation Director Abe Sutton outlines its next phase as a part of the Trump Administration’s Make America Healthy Again initiative. Preventive care, consumer choice, evidence-based payment models, and data access seem to be major themes. The center also plans to “level the playing field” for independent providers through more flexible payment models to increase market competition.
Other
Practice owner Vien Phommachanh, MD – also known as the top Laotian ENT doctor/comedian in Florida – will bring his act to St. Petersburg on May 22. He says of his act: “I have a family, I have a culture, I have a career, and those three things are probably evenly divided. I make fun of my upbringing, I make fun of my wife and my kids … well, I don’t really make fun of my kids that much … but it’s an even split between what makes me what I am.”
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