Qualified Health, which sells health systems an enterprise platform for building and governing AI, announced a $125m Series B in late March 2026. New Enterprise Associates (NEA) led the round, according to HIT Consultant, HLTH and Pulse 2.0.
The new investors were Transformation Capital, GreatPoint Ventures, Cathay Innovation and the Anthology Fund run by Menlo Ventures with Anthropic. HLTH also listed Anthropic itself among the new investors, which the other reports did not, and said existing backers SignalFire and Flare Capital Partners returned. NEA co-chief executive Mohamad Makhzoumi will join the board. No valuation was disclosed.
“The health systems we serve are not just looking for incremental improvement.”Justin Norden, CEO and Co-Founder, Qualified Health
What Qualified Health does
HIT Consultant described the product as the foundational operating system for healthcare AI. Hospitals use it to build, deploy, govern and monitor AI agents across clinical and administrative work. HLTH listed governance frameworks, monitoring after deployment, role-based access controls, a risk alert system and data privacy protections aimed at limiting AI hallucinations.
The company is a public benefit corporation focused on AI deployment in healthcare, HLTH said. HIT Consultant framed its pitch as an answer to vendor sprawl, where health systems have adopted fragmented, isolated point solutions.
Customers and reported results
HIT Consultant reported more than 500,000 users across at least 16 health systems, including Mercy, Emory Healthcare and Jefferson Health, covering about 7% of US hospital revenue. Pulse 2.0 added the University of Rochester Medicine and the University of Texas System.
At the University of Texas Medical Branch, the platform deployed several automated workflows and generated more than $15m in measurable run-rate impact within six months, the outlets said. HLTH reported a collaboration with Anthropic that brings Claude-powered capabilities into clinical and administrative workflows. These figures come from the company and were not independently verified.
Leadership and funding history
Justin Norden is chief executive and co-founder. HLTH said the company was founded just last year, which would imply 2025, but gave no date, so this article does not state a founding year. None of the reports gave a headquarters city, a headcount, prior funding or total capital raised.
Norden said: "The health systems we serve are not just looking for incremental improvement." HLTH also quoted him saying the next phase is about deepening partnerships, scaling responsibly and proving that AI can deliver better patient outcomes.
What the money is for
HIT Consultant did not state a use of funds. HLTH said the money will go to continued platform development and a broader rollout of the enterprise offering across provider organisations, while Pulse 2.0 described expanding infrastructure, strengthening governance and monitoring, and deepening health system partnerships.
Makhzoumi said NEA would be a partner in building Qualified Health the way Salesforce was built for sales. Jared Kesselheim, managing partner at Transformation Capital, said health systems face rising labour costs and tightening reimbursement and need a trusted partner and platform to deploy AI safely.