Qualified Health, an enterprise AI platform focused on healthcare, has raised $125 million in a Series B financing round to accelerate the deployment of artificial intelligence across health systems. The round was led by New Enterprise Associates, with participation from Transformation Capital, GreatPoint Ventures, Cathay Innovation, Menlo Ventures’ Anthology Fund, and several existing investors.
The funding reflects increasing demand among healthcare organizations for comprehensive AI platforms that can move beyond isolated pilot programs and scale across entire enterprises. Qualified Health positions itself as a strategic partner to health systems, helping integrate AI into both clinical and administrative workflows while maintaining compliance, governance, and safety standards.
The company is already working with major health systems including Mercy, Emory Healthcare, University of Rochester Medicine, Jefferson Health, and the University of Texas System. Early deployments have delivered measurable financial and operational improvements. At the University of Texas Medical Branch, the platform generated more than $15 million in run rate impact within six months by integrating data systems, deploying AI assistants, and automating workflows.
Qualified Health’s platform supports more than 500,000 users across health systems representing approximately 7 percent of U.S. hospital revenue. The company plans to use the new capital to expand its infrastructure, enhance governance and monitoring capabilities, and deepen partnerships with health systems as they scale AI adoption.
The company emphasizes that successful AI transformation in healthcare requires not just technology, but also organizational change, including clinician engagement, workflow redesign, and staff upskilling. Its platform incorporates features such as auditability, clinician oversight, and continuous monitoring to ensure safe and responsible AI deployment.
Looking ahead, Qualified Health aims to position itself as a foundational platform for healthcare AI, enabling systems to improve patient outcomes, reduce costs, and alleviate administrative burdens on clinicians.
KEY QUOTES:
“We are living through a generational shift, one where AI doesn’t just augment how organizations work but fundamentally transforms them from the inside out. From NEA’s nearly five decades of company-building experience, we believe the organizations shaping the next era of healthcare innovation will be those helping health systems reimagine every administrative and clinical workflow from the ground up, and Qualified Health is exactly that company. We are thrilled to lead this financing and to partner with Justin and team to accelerate healthcare’s AI transformation and shape the future of healthcare enterprises across the country.”
Mohamad Makhzoumi, Co-CEO, New Enterprise Associates
“Health systems today are operating under extraordinary pressure, from rising labor costs to tightening reimbursement, while managing increasing complexity in patient care. What stood out to us about Qualified Health is that the team approaches this work as medical care specialists, with a deep understanding of the realities health systems face every day. That perspective allows them to identify where AI can create meaningful clinical and operational impact. We’re excited to partner with Justin and the Qualified Health team as they help leading health systems navigate this next phase of healthcare.”
Jared Kesselheim, Managing Partner, Transformation Capital
“Qualified Health has been an exceptional partner as we build and execute our AI strategy at UTMB. Their team brings deep expertise and a real willingness to dive deep alongside our clinicians, operators, and leadership teams. Together, we’ve been able to focus on the highest-priority opportunities, move quickly from idea to implementation, and stay ahead of the curve as we navigate this period of rapid change. The ROI has already exceeded expectations.”
Peter McCaffrey, Chief AI & Digital Officer, University of Texas Medical Branch
“This is about transforming care in a way that every patient encounter is safer, more connected and more human. AI allows us to simplify complex workflows, anticipate patient needs earlier and give caregivers the time and clarity they need to provide high-quality care. Our partnership with Qualified Health accelerates this transformation, helping us turn AI into a meaningful path for better outcomes and a better daily experience for the people we serve.”
Byron Yount, Chief Data & AI Officer, Mercy
“About a year ago, we convened a summit of twenty health system AI and C-suite leaders to discuss how their organizations are implementing AI. What we heard consistently was the need for a trusted partner and platform that could help them deploy AI safely, responsibly, and in compliance with healthcare regulations while also avoiding the complexity of working with many different point solutions. As we got to know the Qualified Health team, we gained deep conviction that their company is ideally positioned to be this trusted partner – conviction that was reinforced by the enthusiasm of the health systems already working with them and the depth of those partnerships.”
Jared Kesselheim, Managing Partner, Transformation Capital
“Working with Qualified Health helps us strengthen our commitment to safe and responsible integration of AI technologies within administrative workflows. We’re able to harness their infrastructure and discipline as we work toward a system-wide, centralized strategy, where AI is deployed while preserving and building upon our top-quality patient experience and health outcomes.”
Lisa Nelson, Chief Applications Officer, University of Rochester Medicine
“What AI can do as a longitudinal platform for health systems is the quintessential use case. At NEA, we are known for making very large investments in a small, select number of companies we believe in deeply, and we are going all-in on Qualified Health as the launch pad for health systems to transform their organizations. We will be a partner in building Qualified Health the way Salesforce was built for sales, the way Workday was built for HR. This is a category-defining opportunity.”
Mohamad Makhzoumi, Co-CEO, New Enterprise Associates
“We have been trusted with large, transformational mandates, and we’ve built a team and platform designed to deliver on that responsibility. This next phase is about deepening those partnerships, scaling responsibly, and proving that AI can deliver better patient outcomes, stronger financial sustainability, and meaningful relief for the clinicians who carry this system on their backs. The health systems we serve are not just looking for incremental improvement. They’re looking to fundamentally transform how care is delivered, and we’re honored to be their partner in that work.”
Justin Norden, CEO and Co-Founder, Qualified Health
