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Business News: Microsoft’s healthcare Copilot | Sutter scoops up Allina | Transparency startup raises $95M | Execs charged

News You Need to Know Today
Business News: Microsoft’s healthcare Copilot | Sutter scoops up Allina | Transparency startup raises $95M | Execs charged
Thursday, March 26, 2026
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Editor's Choice: Business News

Microsoft launches new version of Copilot AI that draws from medical records to answer questions

Copilot Health will be able to use information such as medical histories, lab results and data from wearables to answer complicated healthcare questions. Microsoft said patients who use the app can rest assured all data shared with the AI is encrypted and can be deleted at any time. 

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artificial intelligence AI in healthcare
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Microsoft launches new version of Copilot AI that draws from medical records to answer questions

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artificial intelligence AI in healthcare
Copilot Health will be able to use information such as medical histories, lab results and data from wearables to answer complicated healthcare questions. Microsoft said patients who use the app can rest assured all data shared with the AI is encrypted and can be deleted at any time. 
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Sutter Health to scoop up Allina Health, form new $26B nonprofit health system

The two not-for-profit health systems announced the merger on Wednesday. Although the deal won’t be finalized for some time, they teased new investments that will bring 39 hospitals and more than 400 primary and specialty care sites under the banner of a new Sutter Health. 

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Sutter Health
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Sutter Health to scoop up Allina Health, form new $26B nonprofit health system

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Sutter Health
The two not-for-profit health systems announced the merger on Wednesday. Although the deal won’t be finalized for some time, they teased new investments that will bring 39 hospitals and more than 400 primary and specialty care sites under the banner of a new Sutter Health. 
READ MORE >

Healthcare price transparency startup earns $40M in seed funding, bringing the total to $95M

San Diego-based Turquoise Health was founded in 2020 and has evolved to be a healthcare pricing engine used to develop health plan networks and contract rates. The company said its end goal is complete price transparency to make it easier for all organizations and patients to navigate the U.S. healthcare system.

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money puzzle innovation funding
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Healthcare price transparency startup earns $40M in seed funding, bringing the total to $95M

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money puzzle innovation funding
San Diego-based Turquoise Health was founded in 2020 and has evolved to be a healthcare pricing engine used to develop health plan networks and contract rates. The company said its end goal is complete price transparency to make it easier for all organizations and patients to navigate the U.S. healthcare system.
READ MORE >

Stolen data complaint against Geisinger Health, Nuance Communications settled for $5M

The caper was carried out by a former employee of Nuance Communications, a Microsoft subsidiary. According to court documents, the man used his credentials to access patient data from 1.3 million patients at Geisinger. Police said they found the trove stored on a flash drive in his car.

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geisinger.jpg
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Stolen data complaint against Geisinger Health, Nuance Communications settled for $5M

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geisinger.jpg
The caper was carried out by a former employee of Nuance Communications, a Microsoft subsidiary. According to court documents, the man used his credentials to access patient data from 1.3 million patients at Geisinger. Police said they found the trove stored on a flash drive in his car.
READ MORE >

Epic, provider groups sue companies over alleged scheme to sell patient data

In a lawsuit, the EHR giant accuses Health Gorilla, et al., of posing as patient care entities to gain access to nearly 300,000 medical records, in violation of HIPAA. Health Gorilla vehemently denies the allegations.

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Epic sign at HQ campus DF
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Epic, provider groups sue companies over alleged scheme to sell patient data

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Epic sign at HQ campus DF
In a lawsuit, the EHR giant accuses Health Gorilla, et al., of posing as patient care entities to gain access to nearly 300,000 medical records, in violation of HIPAA. Health Gorilla vehemently denies the allegations.
READ MORE >

Walgreens cuts 628 jobs and closes distribution facility, alarming private equity watchdog

Sycamore Partners took over the struggling retail pharmacy chain roughly six months ago, and the Private Equity Stakeholder Project fears early staffing cuts and store closures could spell trouble for the long-term health of the newly restructured business.

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Vintage neon drug sign at the Walgreens pharmacy on Canal Street in downtown New Orleans.
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Walgreens cuts 628 jobs and closes distribution facility, alarming private equity watchdog

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Vintage neon drug sign at the Walgreens pharmacy on Canal Street in downtown New Orleans.
Sycamore Partners took over the struggling retail pharmacy chain roughly six months ago, and the Private Equity Stakeholder Project fears early staffing cuts and store closures could spell trouble for the long-term health of the newly restructured business.
READ MORE >

Moderna, FDA reach compromise to accelerate approval of mRNA flu vaccine

The dispute centered around the pharmaceutical company's request for the shot to be approved for those aged 65 and over, a demographic the FDA argued was not properly represented in a 40,000-person clinical study. The company has agreed to perform additional research after the shot goes to market, having appeased regulators with safety data.

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Flu Shot
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Moderna, FDA reach compromise to accelerate approval of mRNA flu vaccine

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Flu Shot
The dispute centered around the pharmaceutical company's request for the shot to be approved for those aged 65 and over, a demographic the FDA argued was not properly represented in a 40,000-person clinical study. The company has agreed to perform additional research after the shot goes to market, having appeased regulators with safety data.
READ MORE >

Baxter cuts 90 jobs from IV solutions site once devastated by Hurricane Helene

The facility near Asheville, North Carolina, was shut down after floodwater from the 2024 hurricane left its production lines inoperable. It took the company roughly five months to resume normal operations—and now it’s seeing a slowdown in demand in wake of the supply chain disruption. 

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Helene damage to bridge Baxter North Cove facility in North Carolina.
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Baxter cuts 90 jobs from IV solutions site once devastated by Hurricane Helene

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Helene damage to bridge Baxter North Cove facility in North Carolina.
The facility near Asheville, North Carolina, was shut down after floodwater from the 2024 hurricane left its production lines inoperable. It took the company roughly five months to resume normal operations—and now it’s seeing a slowdown in demand in wake of the supply chain disruption. 
READ MORE >

UnitedHealth promises to return ACA profits to members as CEO addresses Congress

UnitedHealth Group CEO Stephen Hemsley is expected to make the announcement in front of Congress, where he will also offer other policy solutions. The company said it’s still working out details on how to best distribute its profits to customers. 

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UnitedHealth promises to return ACA profits to members as CEO addresses Congress

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congressional hearing on artificial intelligence
UnitedHealth Group CEO Stephen Hemsley is expected to make the announcement in front of Congress, where he will also offer other policy solutions. The company said it’s still working out details on how to best distribute its profits to customers. 
READ MORE >

Blood filtration company fined $5.7M, executive charged, for covering up patient deaths

The U.S. Department of Justice said ExThera cooperated with the investigation into a failure to file adverse event notices with the Food and Drug Administration after two cancer patients who used its blood filtration systems in Antigua died shortly after returning home. The California-based company’s former chief regulatory officer has agreed to plead guilty and could serve prison time. 

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Blood filtration company fined $5.7M, executive charged, for covering up patient deaths

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The U.S. Department of Justice said ExThera cooperated with the investigation into a failure to file adverse event notices with the Food and Drug Administration after two cancer patients who used its blood filtration systems in Antigua died shortly after returning home. The California-based company’s former chief regulatory officer has agreed to plead guilty and could serve prison time. 
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