Founder of telehealth startup Done sentenced to six years in prison for Adderall fraud scheme
fiercehealthcare - Ruthia He, the founder and former chief executive officer of telehealth startup Done Global, was sentenced to six years in prison on Tuesday and fined $1 million in connection with an Adderall fraud scheme.
AI Summary: A federal judge sentenced the founder of a telehealth startup to six years in prison following conviction in an Adderall‑prescribing fraud scheme. Regulators and prosecutors say the case exposes how virtual care can be gamed to fuel illegal controlled‑substance distribution, and the verdict signals tougher enforcement is coming for bad actors hiding behind telemedicine’s convenience.
IKS Health completes $557M TruBridge acquisition
Andrew Cass / beckershospitalreview - IKS Health has completed its $557 million acquisition of TruBridge, which provides revenue cycle management and EHR services for rural and community hospitals. Following the closing, TruBridge operates as a wholly owned subsidiary of IKS Health, according…
AI Summary: IKS Health has closed a $557 million deal to acquire TruBridge, integrating the acquired firm’s revenue-cycle and IT capabilities into IKS’s technology stack. The purchase accelerates IKS’s push to expand managed services for health systems, promising greater scale and product consolidation—because nothing says progress like buying your way into the future.
AdaptHealth discloses social engineering attack
Naomi Diaz / beckershospitalreview - AdaptHealth is investigating a cybersecurity incident after determining that unauthorized access to its systems resulted in the exfiltration of patient data and insurance billing information. According to a July 2 Securities and Exchange Commission filing…
AI Summary: AdaptHealth revealed a social-engineering incident that led to unauthorized access to patient data, acknowledging that personal health information may have been exposed. The company is investigating the breach, notifying affected parties and reinforcing security controls—an uncomfortable reminder that human gullibility still outperforms the best firewalls.
Pearl Health banks $110M in fresh funding to build out tech and AI for Medicare providers
fiercehealthcare - Health tech startup Pearl Health raised $110 million in a mix of debt and equity financing to build out its artificial intelligence platform for Medicare providers, including AI agents to handle administrative tasks.
AI Summary: Pearl Health secured $110 million in new funding to expand its technology and AI offerings for Medicare providers, aiming to boost value-based care infrastructure and support clinicians serving older patients. The cash infusion targets product development and market growth—because nothing scales value-based care like another round of venture capital.