HITshow Daily: August 29, 2025 (Friday)

Prospect Medical Holdings misses deadlines to sell hospitals in Connecticut, Methodist Metropolitan in San Antonio announces a $200M expansion, Alphabet’s Verily shutters its medical device unit to focus on AI, Oak HC/FT seeks $2B for its sixth healthcare and fintech fund, and CMS launches the “Crushing Fraud Chili Cook-Off” AI competition to tackle Medicare fraud. HOST: Rhonda Brooks 📍 Providers & MarketsTeresa Vaughn reports on Prospect Medical Holdings missing deadlines to sell three Connecticut hospitals, with critics pointing to Medical Properties Trust’s sale-leaseback legacy that saddled facilities with long-term financial strain. 📍 Infrastructure & ExpansionLogan Stokes covers Methodist Hospital Metropolitan’s $200M expansion in San Antonio — adding 58 beds, new ORs, and a cath lab — a follow-up to yesterday’s story on hospitals racing to expand capacity. 📍 Healthtech StrategyNate Collier reports on Alphabet’s Verily shutting down its medical device unit and cutting jobs, pivoting toward AI and precision health strategies. 📍 Healthtech InvestmentJade Romero reports on Oak HC/FT seeking $2B for its sixth fund, targeting growth-stage healthcare and fintech startups. The Wall Street Journal notes investors are buoyed by AI breakthroughs, even as exits remain challenging. 📍 Healthcare Tech & PolicyAnika Shah reports on CMS launching the “Crushing Fraud Chili Cook-Off” competition, inviting teams to build explainable AI models to detect fraud in Medicare claims. 🎧 Subscribe here or wherever you get your podcasts, and if you like our show, please follow us on LinkedIn at https://www.linkedin.com/company/hit.show. Presented by: Altera Digital Health and Kimmchi