Finance

PKG Health's movement disorder algorithms and digital endpoints will be integrated into Empatica’s AI-enabled health monitoring wearables.

The company was sold to an affiliate of New Enterprise Associates and a consortium of investors for $1.465 billion and ceased trading on the NYSE on Oct. 2.

The launch comes a day after General Catalyst CEO Hemant Taneja announced the closing of the firm’s $485 million acquisition of Ohio healthcare system Summa Health.

Marx Advisory CEO Ed Marx recommends that providers adopt 'AI concierge' models offering personalized treatment or watch AI-empowered patients bypass them for new self-service solutions that offer quicker access to care.

The company's AI agents handle scheduling, benefit checks, prior authorization claims status and billing.

The company anticipates doubling its revenue this year reaching $1 billion in sales.

The integrated platform will combine patient engagement, care access, provider data management, price transparency and payment tools.

As tariffs target medical devices, plastics and packaging, ArcheHealth CEO Ralph Keiser says technologies that analyze pricing data can help hospitals build evidence for renegotiating contracts and increasing reimbursement.

Dr. Peter Chang, associate professor of radiological science and computer science at UCI, joins True-See's clinical advisory board.

The deal marks Innovaccer's fourth acquisition in the past two years.